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 58.96 0.94
Bottoms Long -0.3 46.32 0.92
Tops Intermediate -0.3 54.24 0.83
Bottoms Intermediate -0.12 51.27 0.87
Tops Short -0.42 51.28 0.86
Bottoms Short -0.42 49.01 0.83
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel