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 0.61 0.64
Bottoms Long 0 0.71 0.41
Tops Intermediate 0 1.59 0.36
Bottoms Intermediate 0 0.58 0.14
Tops Short -0.06 0.07 0.83
Bottoms Short -0.06 -0.15 0.85
alerts
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout