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 58.07 0.02
Bottoms Long -0.12 43.71 0.51
Tops Intermediate -0.36 43.76 0.94
Bottoms Intermediate -0.36 36.50 0.83
Tops Short -0.06 50.45 0.02
Bottoms Short 0.18 49.74 0.11
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout