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 1.91 0.96
Bottoms Long -0.06 0.78 0.98
Tops Intermediate -0.06 1.34 0.84
Bottoms Intermediate -0.06 1.18 0.98
Tops Short 0 2.15 0.82
Bottoms Short 0 1.90 0.15
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout