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 28.98 0.53
Bottoms Long -0.06 24.66 0.83
Tops Intermediate -0.24 24.60 0.94
Bottoms Intermediate -0.24 23.00 0.83
Tops Short -0.06 26.61 0.20
Bottoms Short -0.06 25.23 0.08
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout