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 -0.66 79.39 0.93
Bottoms Long -0.6 69.95 0.88
Tops Intermediate -0.12 93.48 0.21
Bottoms Intermediate 0.06 88.94 0.06
Tops Short 0.24 98.10 0.64
Bottoms Short 0.48 96.71 0.70
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout