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 -0.48 55.99 0.98
Bottoms Long -0.48 49.25 0.98
Tops Intermediate -0.54 54.18 0.98
Bottoms Intermediate -0.48 48.44 0.91
Tops Short -0.42 53.87 0.49
Bottoms Short -0.24 51.44 0.76
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout