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 9.63 0.92
Bottoms Long -0.06 8.89 0.95
Tops Intermediate -0.06 9.08 0.81
Bottoms Intermediate 0 9.12 0.80
Tops Short 0.06 11.68 0.58
Bottoms Short 0.12 11.76 0.90
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout