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 -0.36 -2.11 0.97
Bottoms Long -0.36 -8.09 0.94
Tops Intermediate -0.36 -1.04 1.00
Bottoms Intermediate -0.18 -0.76 1.00
Tops Short -0.06 0.14 0.74
Bottoms Short -0.06 0.02 0.96
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout