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 -0.3 16.80 0.86
Bottoms Long -0.3 12.67 0.83
Tops Intermediate -0.42 13.51 0.81
Bottoms Intermediate -0.06 17.56 0.18
Tops Short -0.06 19.62 0.16
Bottoms Short 0.18 20.87 0.91
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout