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 0.60 0.90
Bottoms Long 0 0.56 0.96
Tops Intermediate 0 1.03 0.38
Bottoms Intermediate 0 0.87 0.06
Tops Short 0 1.22 0.29
Bottoms Short 0 1.05 0.60
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout