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 -0.36 86.87 0.95
Bottoms Long -0.36 77.93 0.81
Tops Intermediate -0.18 92.09 0.47
Bottoms Intermediate 0.06 91.87 0.16
Tops Short 0.18 98.44 0.58
Bottoms Short 0.3 96.55 0.86
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout