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 25.51 0.86
Bottoms Long -0.06 22.23 0.81
Tops Intermediate -0.06 24.86 0.78
Bottoms Intermediate -0.12 21.65 0.76
Tops Short -0.12 22.86 0.61
Bottoms Short -0.18 21.52 0.63
alerts
Long Term Downward Sloping Trading Channel