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 -0.06 4.58 0.65
Bottoms Long -0.06 3.96 0.39
Tops Intermediate -0.06 3.26 0.90
Bottoms Intermediate -0.06 2.94 0.84
Tops Short -0.06 3.74 0.69
Bottoms Short 0 3.46 0.63
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout