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 0.18 62.03 0.23
Bottoms Long 0.06 56.04 0.09
Tops Intermediate -0.3 50.47 0.89
Bottoms Intermediate -0.3 44.05 0.85
Tops Short -0.3 49.63 0.58
Bottoms Short -0.24 45.10 0.48
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout