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 25.91 0.64
Bottoms Long -0.12 21.49 0.85
Tops Intermediate -0.24 20.13 0.90
Bottoms Intermediate -0.24 18.72 0.92
Tops Short -0.18 21.73 0.76
Bottoms Short -0.18 20.12 0.64
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout