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 3.81 0.51
Bottoms Long 0 2.83 0.76
Tops Intermediate -0.06 2.51 0.88
Bottoms Intermediate -0.06 2.05 1.00
Tops Short -0.06 2.49 0.74
Bottoms Short 0 2.57 0.29
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout