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 31.62 0.76
Bottoms Long -0.18 21.97 0.92
Tops Intermediate -0.24 23.96 0.98
Bottoms Intermediate -0.24 19.12 0.90
Tops Short -0.12 24.92 0.17
Bottoms Short 0 25.32 0.00
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout