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 14.32 0.98
Bottoms Long -0.06 13.63 0.87
Tops Intermediate -0.06 15.40 0.85
Bottoms Intermediate -0.06 14.31 0.82
Tops Short -0.06 15.61 0.39
Bottoms Short 0 15.20 0.03
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel