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 10.62 0.99
Bottoms Long -0.12 9.74 0.91
Tops Intermediate -0.18 11.00 0.99
Bottoms Intermediate -0.12 10.16 0.77
Tops Short 0.06 15.00 0.14
Bottoms Short 0.06 13.44 0.35
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout