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 -0.6 87.47 0.91
Bottoms Long -0.6 71.53 0.97
Tops Intermediate -0.3 95.84 0.37
Bottoms Intermediate -0.18 84.81 0.10
Tops Short -0.24 95.13 0.16
Bottoms Short 0.18 93.30 0.03
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout