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 11.66 0.71
Bottoms Long -0.06 8.34 0.70
Tops Intermediate -0.12 8.42 0.83
Bottoms Intermediate -0.12 5.42 0.91
Tops Short -0.06 8.36 0.25
Bottoms Short 0 8.49 0.02
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout