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 9.01 0.88
Bottoms Long -0.06 7.24 0.82
Tops Intermediate -0.06 8.36 0.91
Bottoms Intermediate 0 7.32 0.35
Tops Short 0 8.37 0.12
Bottoms Short 0 7.75 0.02
alerts
Long Term Downward Sloping Trading Channel