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 13.77 0.06
Bottoms Long -0.12 3.72 0.93
Tops Intermediate -0.12 3.48 0.99
Bottoms Intermediate -0.12 2.98 0.84
Tops Short 0 5.77 0.00
Bottoms Short 0.06 6.10 0.93
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout