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 -0.18 80.85 0.79
Bottoms Long -0.3 65.98 0.96
Tops Intermediate -0.24 80.35 0.94
Bottoms Intermediate -0.48 60.01 0.99
Tops Short 0 81.47 0.00
Bottoms Short 0.54 84.00 0.78
alerts
Intermediate Term Downward Sloping Trading Channel