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 -0.06 22.71 0.95
Bottoms Long 0 22.03 0.52
Tops Intermediate -0.06 21.87 0.98
Bottoms Intermediate -0.06 20.47 0.90
Tops Short -0.12 21.24 0.85
Bottoms Short -0.06 20.89 0.77
alerts
Intermediate Term Downward Sloping Trading Channel