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 -0.06 4.87 0.90
Bottoms Long 0 6.27 0.14
Tops Intermediate 0 7.52 0.00
Bottoms Intermediate 0 7.83 0.95
Tops Short 0.06 9.32 0.87
Bottoms Short 0.06 8.94 0.86
alerts
Long Term Bullish Breakout
Short Term Upward Sloping Trading Channel