Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long 0.18 19.08 0.80
Bottoms Long 0.12 15.48 0.79
Tops Intermediate 0 9.92 0.98
Bottoms Intermediate 0 9.86 0.99
Tops Short 0 9.90 0.93
Bottoms Short 0 9.88 0.92
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel