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 13.59 0.99
Bottoms Long -0.06 12.51 0.96
Tops Intermediate -0.12 13.99 0.99
Bottoms Intermediate 0 15.69 0.10
Tops Short 0.06 18.07 0.78
Bottoms Short 0.06 17.35 0.74
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout