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 -0.9 59.58 0.93
Bottoms Long -0.72 54.88 0.93
Tops Intermediate -0.66 64.20 0.91
Bottoms Intermediate -0.24 69.60 0.56
Tops Short -0.06 77.42 0.13
Bottoms Short 0.36 78.31 0.63
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout