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 -0.72 -14.83 0.99
Bottoms Long -0.24 3.31 0.54
Tops Intermediate -0.36 2.54 0.91
Bottoms Intermediate -0.24 0.45 0.93
Tops Short -0.12 4.07 0.45
Bottoms Short 0 4.94 0.12
alerts
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout