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 4.81 0.80
Bottoms Long 0 2.71 0.38
Tops Intermediate -0.06 0.15 1.00
Bottoms Intermediate -0.06 1.10 0.97
Tops Short 0 2.65 0.01
Bottoms Short -0.06 1.48 0.71
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout