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 6.13 0.98
Bottoms Long -0.06 4.09 0.89
Tops Intermediate -0.12 3.97 0.93
Bottoms Intermediate -0.12 3.20 0.88
Tops Short -0.12 4.42 0.71
Bottoms Short 0.06 5.32 0.30
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout