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 -0.36 38.63 0.93
Bottoms Long -0.3 33.83 0.85
Tops Intermediate -0.54 32.09 0.89
Bottoms Intermediate -0.12 38.11 0.59
Tops Short -0.06 40.97 0.25
Bottoms Short 0.06 41.22 0.12
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout