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 0.06 164.10 0.08
Bottoms Long -0.9 57.58 0.95
Tops Intermediate -1.08 55.86 0.83
Bottoms Intermediate -0.54 64.14 0.87
Tops Short -0.6 69.91 0.91
Bottoms Short -0.48 66.82 0.68
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Bullish Breakout