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 -0.54 46.85 0.94
Bottoms Long -0.54 37.14 1.00
Tops Intermediate -0.48 45.57 0.91
Bottoms Intermediate -0.54 38.39 0.98
Tops Short -0.24 49.96 0.34
Bottoms Short 0.24 53.70 0.53
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout