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 19.48 0.90
Bottoms Long -0.24 14.22 0.96
Tops Intermediate -0.24 18.72 0.86
Bottoms Intermediate 0 19.99 0.00
Tops Short 0 22.28 0.02
Bottoms Short 0.12 21.32 0.27
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout