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 15.59 0.01
Bottoms Long 0 12.75 0.03
Tops Intermediate -0.06 13.38 0.21
Bottoms Intermediate -0.06 11.22 0.75
Tops Short -0.12 11.90 0.90
Bottoms Short -0.12 10.96 0.82
alerts
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout