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 10.86 0.44
Bottoms Long 0 8.31 0.32
Tops Intermediate -0.06 6.92 0.99
Bottoms Intermediate -0.06 6.52 0.90
Tops Short 0 8.90 0.00
Bottoms Short 0.06 8.88 0.86
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout