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 18.19 0.06
Bottoms Long 0.06 16.92 0.08
Tops Intermediate -0.12 11.93 0.97
Bottoms Intermediate -0.06 12.54 0.92
Tops Short -0.06 13.24 0.99
Bottoms Short -0.06 13.29 0.83
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel