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 -0.36 64.70 0.96
Bottoms Long -0.36 52.47 0.89
Tops Intermediate -0.54 59.22 0.96
Bottoms Intermediate -0.42 52.99 0.33
Tops Short -0.3 62.82 0.68
Bottoms Short 0.3 64.95 0.38
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout