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 48.24 0.40
Bottoms Long -0.24 36.96 0.66
Tops Intermediate -0.6 27.01 0.81
Bottoms Intermediate -0.24 34.66 0.90
Tops Short 0.24 48.92 0.24
Bottoms Short 0.42 49.39 0.50
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout