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 38.95 0.95
Bottoms Long -0.24 29.77 0.97
Tops Intermediate -0.18 38.74 0.76
Bottoms Intermediate 0 41.27 0.01
Tops Short 0.18 47.01 0.63
Bottoms Short 0.36 45.82 0.62
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout