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 0.18 100.07 0.86
Bottoms Long -0.12 65.20 0.89
Tops Intermediate -0.48 63.07 1.00
Bottoms Intermediate -0.48 58.63 0.92
Tops Short 0 75.40 0.00
Bottoms Short 0.12 73.39 0.06
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout