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 45.71 0.95
Bottoms Long -0.3 39.76 0.98
Tops Intermediate -0.3 44.77 0.97
Bottoms Intermediate -0.3 40.88 0.95
Tops Short -0.42 43.06 0.98
Bottoms Short -0.36 40.24 0.75
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel