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 -0.36 9.07 0.95
Bottoms Long -0.3 3.40 0.90
Tops Intermediate -0.12 13.86 0.69
Bottoms Intermediate -0.12 10.56 0.72
Tops Short -0.06 14.22 0.22
Bottoms Short 0.18 15.58 0.94
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout