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 49.24 0.11
Bottoms Long -0.12 41.68 0.43
Tops Intermediate -0.12 43.99 0.66
Bottoms Intermediate -0.06 41.27 0.20
Tops Short 0.24 49.37 0.89
Bottoms Short 0.3 49.03 0.89
alerts
Short Term Upward Sloping Trading Channel