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 -1.86 139.66 0.87
Bottoms Long -1.14 126.50 0.87
Tops Intermediate -0.42 180.39 0.27
Bottoms Intermediate 0.36 173.59 0.21
Tops Short 0.42 192.40 0.61
Bottoms Short 0.6 175.81 0.38
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout