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 -0.78 119.80 0.90
Bottoms Long -0.72 107.23 0.94
Tops Intermediate -0.48 126.53 0.43
Bottoms Intermediate -0.18 119.62 0.62
Tops Short 0.24 137.54 0.10
Bottoms Short 0.06 125.18 0.02
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout