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 17.92 0.96
Bottoms Long -0.12 15.99 0.88
Tops Intermediate -0.06 18.65 0.73
Bottoms Intermediate -0.06 18.34 0.34
Tops Short 0 20.26 0.00
Bottoms Short 0.12 20.33 0.94
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout