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 14.31 0.72
Bottoms Long -0.06 12.49 0.89
Tops Intermediate -0.06 12.61 0.68
Bottoms Intermediate -0.06 11.40 1.00
Tops Short -0.18 10.96 0.91
Bottoms Short -0.12 10.96 0.87
alerts
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout