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 3.94 0.86
Bottoms Long 0 2.94 0.77
Tops Intermediate 0 3.43 0.29
Bottoms Intermediate 0.06 4.10 0.81
Tops Short 0.12 6.01 0.85
Bottoms Short 0.12 4.90 0.99
alerts
Long Term Bullish Breakout
Short Term Upward Sloping Trading Channel