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 4.62 0.93
Bottoms Long -0.06 4.07 0.85
Tops Intermediate -0.06 4.17 0.94
Bottoms Intermediate -0.06 3.84 0.84
Tops Short -0.06 4.36 0.68
Bottoms Short 0 4.35 0.01
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout