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 29.18 0.94
Bottoms Long -0.18 21.62 0.81
Tops Intermediate -0.12 31.35 0.64
Bottoms Intermediate -0.12 25.24 0.49
Tops Short 0.06 32.73 0.07
Bottoms Short 0.18 30.54 0.20
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout