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 9.67 0.04
Bottoms Long 0 6.54 0.02
Tops Intermediate -0.12 4.51 0.92
Bottoms Intermediate -0.06 4.30 0.94
Tops Short -0.06 5.84 0.86
Bottoms Short -0.06 4.88 0.61
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout