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 13.67 0.83
Bottoms Long -0.06 11.29 0.63
Tops Intermediate -0.06 12.29 0.83
Bottoms Intermediate -0.12 7.85 0.93
Tops Short 0.12 15.65 0.52
Bottoms Short 0.18 15.64 0.82
alerts
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout