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 0.08 0.92
Bottoms Long 0 0.17 0.82
Tops Intermediate 0 0.19 0.99
Bottoms Intermediate 0 0.14 0.82
Tops Short 0 0.21 0.39
Bottoms Short 0 0.23 0.45
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout