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 -0.24 58.40 0.94
Bottoms Long -0.3 49.03 0.86
Tops Intermediate -0.06 62.34 0.24
Bottoms Intermediate -0.12 57.46 0.18
Tops Short 0 63.37 0.03
Bottoms Short 0.36 64.52 0.76
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout