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 27.97 0.99
Bottoms Long -0.06 24.11 0.93
Tops Intermediate -0.12 27.13 0.78
Bottoms Intermediate -0.06 24.25 0.60
Tops Short -0.06 26.40 0.14
Bottoms Short 0 25.69 0.00
alerts
Long Term Downward Sloping Trading Channel