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 99.73 0.19
Bottoms Long -0.18 79.78 0.70
Tops Intermediate -0.48 82.40 0.90
Bottoms Intermediate -0.54 74.63 0.83
Tops Short -0.36 84.72 0.43
Bottoms Short 0.42 88.48 0.80
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout