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 -0.06 44.54 0.68
Bottoms Long -0.06 38.05 0.52
Tops Intermediate -0.18 38.22 0.91
Bottoms Intermediate -0.24 33.44 0.97
Tops Short 0 42.71 0.01
Bottoms Short 0.3 43.91 0.93
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout