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 -0.12 7.24 0.94
Bottoms Long -0.06 6.82 0.92
Tops Intermediate -0.06 7.91 0.96
Bottoms Intermediate -0.06 6.45 0.93
Tops Short -0.06 8.15 0.40
Bottoms Short 0 8.04 0.07
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout