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 -2.49 0.86
Bottoms Long -0.06 -0.64 0.79
Tops Intermediate -0.06 0.25 0.87
Bottoms Intermediate 0 1.04 0.85
Tops Short 0 1.21 0.81
Bottoms Short 0 1.10 0.53
alerts
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout