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 8.69 0.73
Bottoms Long -0.06 6.60 0.78
Tops Intermediate -0.06 6.28 0.94
Bottoms Intermediate -0.12 4.75 0.98
Tops Short -0.06 6.63 0.32
Bottoms Short 0 6.58 0.08
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout