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 17.43 0.94
Bottoms Long -0.06 16.64 0.62
Tops Intermediate -0.06 17.59 0.92
Bottoms Intermediate -0.06 16.99 0.89
Tops Short -0.06 17.46 0.87
Bottoms Short -0.06 17.11 0.84
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel