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 7.70 0.47
Bottoms Long 0 1.96 0.15
Tops Intermediate -0.06 0.50 0.92
Bottoms Intermediate -0.06 0.49 0.98
Tops Short -0.06 0.56 0.90
Bottoms Short -0.06 0.32 0.94
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout