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 -0.18 32.64 0.92
Bottoms Long -0.18 28.84 0.90
Tops Intermediate -0.24 31.73 0.84
Bottoms Intermediate -0.24 29.48 0.62
Tops Short -0.06 34.00 0.02
Bottoms Short -0.06 30.65 0.04
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout