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 2.67 0.92
Bottoms Long 0 2.04 0.86
Tops Intermediate 0 2.86 0.58
Bottoms Intermediate 0 2.16 0.36
Tops Short 0 2.94 0.23
Bottoms Short 0 2.90 0.56
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout