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 -0.3 95.11 0.95
Bottoms Long -0.24 87.46 0.79
Tops Intermediate -0.54 86.47 0.88
Bottoms Intermediate -0.42 82.91 0.83
Tops Short 0 93.59 0.00
Bottoms Short 0 89.62 0.00
alerts
Intermediate Term Downward Sloping Trading Channel