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 -0.12 10.10 0.89
Bottoms Long -0.06 8.79 0.84
Tops Intermediate -0.12 8.72 0.96
Bottoms Intermediate -0.06 9.03 0.88
Tops Short -0.06 9.27 0.96
Bottoms Short -0.06 8.87 0.86
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel