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 17.48 0.77
Bottoms Long 0 16.31 0.28
Tops Intermediate -0.06 16.28 0.96
Bottoms Intermediate -0.06 15.15 0.97
Tops Short -0.06 15.60 0.71
Bottoms Short -0.12 14.41 0.85
alerts
Intermediate Term Downward Sloping Trading Channel