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 -1.74 -48.31 0.74
Bottoms Long -0.9 -34.39 0.59
Tops Intermediate -0.42 -4.68 1.00
Bottoms Intermediate -0.06 -1.38 1.00
Tops Short 0.06 1.66 0.16
Bottoms Short 0 -0.13 1.00
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout