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 21.40 0.49
Bottoms Long 0 20.94 0.86
Tops Intermediate 0 19.47 0.85
Bottoms Intermediate 0 19.75 0.90
Tops Short 0 19.53 0.58
Bottoms Short -0.06 19.06 0.68
alerts
Intermediate Term Downward Sloping Trading Channel