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 -0.24 58.46 0.93
Bottoms Long -0.18 52.56 0.93
Tops Intermediate -0.18 59.21 0.78
Bottoms Intermediate -0.3 50.30 0.86
Tops Short 0 64.21 0.00
Bottoms Short 0.24 62.81 0.23
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout