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 -0.12 22.14 0.98
Bottoms Long -0.12 19.97 0.90
Tops Intermediate -0.06 22.81 0.86
Bottoms Intermediate -0.06 21.64 0.35
Tops Short -0.06 23.01 0.13
Bottoms Short 0.06 22.99 0.53
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout