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 36.41 0.37
Bottoms Long -0.18 19.15 0.82
Tops Intermediate -0.36 17.33 0.92
Bottoms Intermediate -0.3 16.36 0.85
Tops Short -0.3 18.00 0.68
Bottoms Short -0.12 18.55 0.22
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout