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 -0.12 13.32 0.71
Bottoms Long -0.18 7.10 0.92
Tops Intermediate -0.18 9.68 0.86
Bottoms Intermediate -0.12 7.92 0.86
Tops Short 0 13.11 0.01
Bottoms Short 0.06 13.19 0.22
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout