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 10.24 0.99
Bottoms Long 0 10.22 1.00
Tops Intermediate 0 10.25 0.97
Bottoms Intermediate -0.06 6.50 0.23
Tops Short -0.18 5.94 0.33
Bottoms Short -0.42 2.19 0.57
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout