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 15.79 0.96
Bottoms Long -0.06 12.54 0.84
Tops Intermediate -0.12 13.17 0.88
Bottoms Intermediate -0.06 12.86 0.71
Tops Short -0.06 14.58 0.14
Bottoms Short 0.06 14.72 0.10
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout