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 -0.18 63.77 0.52
Bottoms Long -0.3 45.61 0.76
Tops Intermediate -0.54 45.19 0.96
Bottoms Intermediate -0.48 39.09 0.96
Tops Short -0.36 48.35 0.89
Bottoms Short 0.06 49.26 0.12
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout