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 -0.06 7.82 0.84
Bottoms Long -0.06 5.74 0.91
Tops Intermediate 0 8.25 0.80
Bottoms Intermediate -0.06 6.89 0.55
Tops Short 0.06 9.79 0.45
Bottoms Short 0.06 9.48 0.98
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout