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 56.38 0.87
Bottoms Long -0.12 51.70 0.89
Tops Intermediate -0.12 54.57 0.65
Bottoms Intermediate -0.06 53.82 0.27
Tops Short 0.3 64.32 0.89
Bottoms Short 0.36 64.13 0.86
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Short Term Upward Sloping Trading Channel