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 81.13 0.90
Bottoms Long -0.42 66.15 0.95
Tops Intermediate -0.36 77.47 0.88
Bottoms Intermediate -0.3 73.70 0.55
Tops Short 0.24 91.31 0.24
Bottoms Short 0.3 86.90 0.26
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout