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 23.99 0.86
Bottoms Long -0.12 21.12 0.86
Tops Intermediate -0.18 23.10 0.82
Bottoms Intermediate -0.12 22.14 0.40
Tops Short -0.12 23.50 0.37
Bottoms Short 0.06 24.54 0.02
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout