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 9.29 0.35
Bottoms Long 0 8.82 0.31
Tops Intermediate 0.06 11.58 0.91
Bottoms Intermediate 0 10.16 0.84
Tops Short 0 10.70 0.26
Bottoms Short 0 9.55 0.08
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout