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 7.11 0.88
Bottoms Long -0.06 6.21 0.98
Tops Intermediate -0.06 6.74 0.91
Bottoms Intermediate -0.06 6.17 0.91
Tops Short -0.06 6.33 0.85
Bottoms Short -0.06 6.24 0.68
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Bullish Breakout