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 -0.06 27.02 0.37
Bottoms Long -0.06 23.05 0.42
Tops Intermediate -0.18 21.88 0.93
Bottoms Intermediate -0.24 18.15 0.96
Tops Short -0.12 24.46 0.26
Bottoms Short -0.18 20.97 0.35
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout