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 -0.42 68.11 0.92
Bottoms Long -0.54 47.98 0.94
Tops Intermediate -0.6 57.26 0.90
Bottoms Intermediate -0.84 40.26 0.98
Tops Short -0.36 57.99 0.34
Bottoms Short 0.24 60.16 0.28
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout