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 -0.12 15.13 0.97
Bottoms Long -0.12 14.05 0.98
Tops Intermediate -0.12 16.50 0.87
Bottoms Intermediate -0.12 14.04 0.64
Tops Short -0.12 16.22 0.60
Bottoms Short 0 16.38 0.04
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout