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 -0.24 45.86 0.79
Bottoms Long -0.3 36.99 0.86
Tops Intermediate -0.36 39.59 0.99
Bottoms Intermediate -0.3 36.47 0.82
Tops Short -0.36 38.91 0.58
Bottoms Short -0.12 40.98 0.08
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout