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 -0.3 37.23 0.97
Bottoms Long -0.36 25.24 0.98
Tops Intermediate -0.3 35.08 0.67
Bottoms Intermediate -0.12 33.95 0.26
Tops Short 0.36 45.78 0.79
Bottoms Short 0.42 43.51 0.92
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout