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 18.65 0.86
Bottoms Long -0.12 14.22 0.94
Tops Intermediate -0.06 19.61 0.29
Bottoms Intermediate 0 18.90 0.16
Tops Short 0.12 21.74 0.75
Bottoms Short 0.12 20.78 0.63
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout