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 50.01 0.53
Bottoms Long 0.12 50.33 0.77
Tops Intermediate 0 47.51 0.96
Bottoms Intermediate 0 47.39 0.99
Tops Short -0.6 35.62 0.30
Bottoms Short -0.54 36.60 0.24
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout