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 6.34 0.47
Bottoms Long 0 2.87 0.21
Tops Intermediate 0.24 16.50 0.70
Bottoms Intermediate 0 2.65 0.49
Tops Short 0.66 21.76 0.92
Bottoms Short 0.6 19.11 0.85
alerts
Short Term Upward Sloping Trading Channel