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 27.40 0.95
Bottoms Long -0.12 23.62 0.92
Tops Intermediate -0.06 26.45 0.56
Bottoms Intermediate -0.12 22.68 0.76
Tops Short 0 28.52 0.04
Bottoms Short 0.12 28.57 0.30
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout