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 27.20 0.95
Bottoms Long -0.18 20.79 0.96
Tops Intermediate -0.18 24.08 0.88
Bottoms Intermediate -0.24 19.13 0.85
Tops Short -0.06 25.12 0.17
Bottoms Short 0.12 26.21 1.00
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout