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 -0.48 33.79 0.92
Bottoms Long -0.42 32.68 0.94
Tops Intermediate -0.18 40.60 0.77
Bottoms Intermediate -0.12 37.77 0.77
Tops Short -0.3 39.33 0.89
Bottoms Short -0.12 39.17 0.46
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Short Term Bullish Breakout