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 13.78 0.46
Bottoms Long 0 9.62 0.05
Tops Intermediate -0.06 9.38 0.90
Bottoms Intermediate -0.06 8.20 0.87
Tops Short 0.12 13.38 0.52
Bottoms Short 0 8.95 0.07
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout