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 0.20 0.83
Bottoms Long 0 0.14 0.93
Tops Intermediate 0.06 1.87 0.22
Bottoms Intermediate 0 0.14 0.97
Tops Short 0.12 3.20 0.51
Bottoms Short 0.06 1.60 0.39
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout