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 9.80 0.02
Bottoms Long -0.06 5.44 0.52
Tops Intermediate -0.06 5.44 0.90
Bottoms Intermediate -0.06 4.23 0.94
Tops Short 0 6.73 0.01
Bottoms Short 0 6.63 0.24
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout