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 -0.3 32.98 0.98
Bottoms Long -0.36 23.94 0.95
Tops Intermediate -0.3 33.04 0.96
Bottoms Intermediate -0.18 30.89 0.69
Tops Short -0.3 31.58 0.57
Bottoms Short -0.18 31.55 0.24
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout