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 3.20 0.32
Bottoms Long 0 2.70 0.19
Tops Intermediate 0 3.51 0.82
Bottoms Intermediate 0.06 3.59 0.93
Tops Short 0 3.30 0.21
Bottoms Short 0 3.30 0.20
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout