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 28.12 0.64
Bottoms Long 0.24 26.48 0.60
Tops Intermediate -0.3 21.33 0.96
Bottoms Intermediate -0.3 19.19 0.89
Tops Short -0.18 22.14 0.71
Bottoms Short -0.06 21.84 0.51
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout