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 -0.72 340.08 0.94
Bottoms Long -0.78 302.95 0.91
Tops Intermediate -0.42 341.15 0.48
Bottoms Intermediate -0.6 308.75 0.37
Tops Short -0.3 341.08 0.31
Bottoms Short 0.12 324.93 0.00
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout