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 -0.12 11.77 0.59
Bottoms Long 0 11.35 0.02
Tops Intermediate -0.12 11.37 0.46
Bottoms Intermediate -0.18 7.29 0.95
Tops Short -0.24 8.53 0.83
Bottoms Short -0.18 7.28 0.94
alerts
Short Term Downward Sloping Trading Channel