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 7.66 0.83
Bottoms Long -0.12 4.55 0.95
Tops Intermediate -0.06 8.79 0.80
Bottoms Intermediate -0.06 7.22 0.48
Tops Short -0.06 7.96 0.52
Bottoms Short -0.06 6.96 0.32
alerts
Long Term Downward Sloping Trading Channel