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 7.62 0.84
Bottoms Long 0 7.04 0.62
Tops Intermediate -0.06 6.84 0.83
Bottoms Intermediate -0.06 5.17 0.97
Tops Short -0.06 6.68 0.49
Bottoms Short 0 6.99 0.20
alerts
Intermediate Term Downward Sloping Trading Channel