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 -0.12 115.85 0.27
Bottoms Long -0.06 110.59 0.10
Tops Intermediate 0.18 125.17 0.97
Bottoms Intermediate 0.24 121.21 0.83
Tops Short 0.18 123.31 0.61
Bottoms Short 0.18 121.22 0.22
alerts
Intermediate Term Upward Sloping Trading Channel