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 54.14 0.68
Bottoms Long 0.06 50.02 0.86
Tops Intermediate -0.06 47.74 0.29
Bottoms Intermediate 0.06 49.08 0.36
Tops Short -0.24 43.79 0.95
Bottoms Short -0.24 42.61 0.90
alerts
Long Term Bearish Breakout
Short Term Downward Sloping Trading Channel