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 57.29 0.57
Bottoms Long -0.06 50.13 0.57
Tops Intermediate 0.06 59.38 0.22
Bottoms Intermediate 0.18 60.75 0.49
Tops Short 0.42 66.89 0.93
Bottoms Short 0.54 66.72 0.97
alerts
Short Term Upward Sloping Trading Channel