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 -0.06 3.90 0.92
Bottoms Long 0 3.09 0.82
Tops Intermediate 0 4.15 0.18
Bottoms Intermediate 0 3.65 0.27
Tops Short 0 3.88 0.25
Bottoms Short 0 3.79 0.02
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout