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 3.21 0.87
Bottoms Long 0 3.55 0.93
Tops Intermediate 0 5.19 0.04
Bottoms Intermediate 0 4.19 0.23
Tops Short 0 5.23 0.13
Bottoms Short 0.06 4.86 0.40
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout