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 -0.3 25.42 0.82
Bottoms Long -0.24 19.89 0.82
Tops Intermediate -0.06 33.20 0.80
Bottoms Intermediate -0.12 28.01 0.25
Tops Short 0.06 32.44 0.02
Bottoms Short 0.3 33.51 0.69
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout