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 34.50 0.02
Bottoms Long 0 29.59 0.06
Tops Intermediate -0.42 22.74 0.89
Bottoms Intermediate -0.24 23.32 0.93
Tops Short -0.06 27.35 0.68
Bottoms Short -0.06 26.83 0.77
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout