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 15.88 0.00
Bottoms Long 0 13.53 0.09
Tops Intermediate -0.06 12.50 0.96
Bottoms Intermediate -0.06 11.34 0.94
Tops Short 0 14.17 0.06
Bottoms Short 0 13.42 0.00
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout