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 39.01 0.23
Bottoms Long -0.06 34.03 0.26
Tops Intermediate -0.3 34.58 0.98
Bottoms Intermediate -0.42 25.14 0.91
Tops Short -0.3 31.50 0.46
Bottoms Short -0.12 31.44 0.20
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout