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 3.56 0.75
Bottoms Long 0 3.24 0.58
Tops Intermediate -0.06 2.72 0.81
Bottoms Intermediate 0 2.62 0.87
Tops Short 0 3.03 0.20
Bottoms Short 0 2.99 0.00
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout