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 16.67 0.84
Bottoms Long -0.12 16.48 0.94
Tops Intermediate -0.06 20.02 0.82
Bottoms Intermediate -0.12 15.69 0.97
Tops Short -0.06 19.37 0.24
Bottoms Short -0.06 19.02 0.15
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel