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 -0.36 73.11 0.92
Bottoms Long -0.48 53.01 0.93
Tops Intermediate -0.36 72.59 0.77
Bottoms Intermediate 0.18 76.55 0.33
Tops Short 0.18 84.56 0.21
Bottoms Short 0.24 77.94 0.17
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout