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 1.78 0.50
Bottoms Long 0 1.22 0.88
Tops Intermediate 0 1.56 0.59
Bottoms Intermediate 0 1.07 0.80
Tops Short -0.06 0.98 0.89
Bottoms Short -0.06 0.91 0.89
alerts
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout