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 -0.12 28.50 0.95
Bottoms Long -0.12 25.02 0.81
Tops Intermediate -0.12 28.00 0.83
Bottoms Intermediate -0.12 25.19 0.59
Tops Short -0.06 29.99 0.14
Bottoms Short 0.12 30.76 0.22
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout