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 -0.24 24.20 0.85
Bottoms Long -0.24 19.26 0.93
Tops Intermediate -0.3 20.79 0.69
Bottoms Intermediate -0.12 22.47 0.68
Tops Short -0.06 26.09 0.16
Bottoms Short 0.12 27.06 0.68
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout