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 12.86 0.97
Bottoms Long -0.06 10.66 0.74
Tops Intermediate -0.06 10.86 0.88
Bottoms Intermediate -0.06 9.32 0.87
Tops Short 0 12.03 0.04
Bottoms Short 0.12 12.66 0.95
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout