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 0.27 0.97
Bottoms Long -0.06 -0.00 0.89
Tops Intermediate 0 1.38 0.54
Bottoms Intermediate 0 1.21 0.50
Tops Short 0 1.41 0.04
Bottoms Short 0 1.38 0.06
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout