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 46.72 0.68
Bottoms Long 0.24 40.33 0.89
Tops Intermediate -0.3 26.66 0.70
Bottoms Intermediate -0.24 24.45 0.70
Tops Short -0.6 22.00 0.87
Bottoms Short -0.54 20.36 0.95
alerts
Long Term Bearish Breakout
Short Term Downward Sloping Trading Channel