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 -0.24 64.23 0.93
Bottoms Long -0.24 58.06 0.94
Tops Intermediate -0.18 63.82 0.95
Bottoms Intermediate -0.18 58.55 0.71
Tops Short 0.18 73.54 0.66
Bottoms Short 0.36 71.36 0.53
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout