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 -0.24 104.65 0.88
Bottoms Long -0.24 94.34 0.88
Tops Intermediate -0.24 102.27 0.68
Bottoms Intermediate -0.3 93.73 0.70
Tops Short -0.42 99.33 0.55
Bottoms Short 0 98.71 0.00
alerts
Long Term Downward Sloping Trading Channel