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 17.65 0.25
Bottoms Long -0.06 14.99 0.48
Tops Intermediate -0.12 13.82 0.97
Bottoms Intermediate -0.12 12.10 0.98
Tops Short 0 15.39 0.09
Bottoms Short 0.12 16.25 0.88
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout