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 50.66 0.28
Bottoms Long -0.18 37.12 0.87
Tops Intermediate -0.36 36.79 0.98
Bottoms Intermediate -0.24 35.51 0.81
Tops Short -0.3 37.98 0.96
Bottoms Short -0.06 38.29 0.12
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Bullish Breakout