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 9.30 0.85
Bottoms Long 0.06 6.66 0.90
Tops Intermediate 0 6.05 0.43
Bottoms Intermediate 0 6.10 0.21
Tops Short -0.06 5.65 0.85
Bottoms Short -0.06 5.69 0.70
alerts
Long Term Upward Sloping Trading Channel