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 -0.06 3.13 0.83
Bottoms Long 0 2.69 0.63
Tops Intermediate -0.06 2.65 0.86
Bottoms Intermediate -0.06 1.77 0.88
Tops Short 0 3.72 0.02
Bottoms Short 0.12 4.10 0.89
alerts
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout