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 -0.06 0.72 0.87
Bottoms Long 0 1.02 0.96
Tops Intermediate 0 1.68 0.74
Bottoms Intermediate 0 1.20 0.98
Tops Short 0 1.21 0.87
Bottoms Short 0 1.19 0.88
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout