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 4.04 0.76
Bottoms Long -0.06 3.51 0.98
Tops Intermediate -0.06 4.42 0.89
Bottoms Intermediate -0.06 3.91 0.98
Tops Short 0 5.59 0.02
Bottoms Short 0 5.37 0.00
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout