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 -0.06 3.18 0.93
Bottoms Long -0.06 2.04 0.97
Tops Intermediate -0.06 3.10 0.99
Bottoms Intermediate -0.06 2.68 0.74
Tops Short 0 3.73 0.08
Bottoms Short 0.06 4.21 0.71
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout