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 24.43 0.97
Bottoms Long -0.12 22.02 0.97
Tops Intermediate -0.06 26.20 0.83
Bottoms Intermediate -0.12 23.47 0.88
Tops Short -0.12 25.30 0.80
Bottoms Short -0.06 24.05 0.30
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel