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 -0.12 15.15 0.83
Bottoms Long -0.12 11.07 0.87
Tops Intermediate -0.18 12.29 0.98
Bottoms Intermediate -0.12 10.17 0.75
Tops Short -0.12 12.95 0.69
Bottoms Short -0.12 10.05 0.43
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout