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 70.28 0.51
Bottoms Long -0.12 60.66 0.26
Tops Intermediate 0.18 81.06 0.29
Bottoms Intermediate 0.24 76.83 0.96
Tops Short 1.02 100.92 0.95
Bottoms Short 1.02 98.10 0.98
alerts
Short Term Upward Sloping Trading Channel