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 35.86 0.61
Bottoms Long -0.06 19.00 0.36
Tops Intermediate 0.24 39.39 0.74
Bottoms Intermediate 0 20.96 0.01
Tops Short 0.84 42.72 0.93
Bottoms Short 0.66 35.60 0.92
alerts
Short Term Upward Sloping Trading Channel
Short Term Bearish Breakout