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 83.49 0.31
Bottoms Long -0.06 62.82 0.16
Tops Intermediate -0.42 61.26 0.90
Bottoms Intermediate -0.66 45.01 0.98
Tops Short -0.36 63.30 0.37
Bottoms Short 0 61.98 0.00
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout