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 9.99 0.95
Bottoms Long -0.12 6.66 0.99
Tops Intermediate -0.06 11.70 0.83
Bottoms Intermediate 0 11.58 0.06
Tops Short 0 13.47 0.01
Bottoms Short 0.06 13.29 0.25
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout