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 -0.12 -0.66 0.70
Bottoms Long -0.06 1.94 0.46
Tops Intermediate 0 3.47 0.95
Bottoms Intermediate -0.06 2.94 0.89
Tops Short 0 3.49 0.53
Bottoms Short -0.06 2.78 0.83
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout