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 0.12 92.28 0.47
Bottoms Long 0 77.02 0.01
Tops Intermediate -0.3 74.19 0.88
Bottoms Intermediate -0.36 65.98 0.84
Tops Short -0.12 78.61 0.21
Bottoms Short 0.18 79.01 0.12
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout