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 7.09 0.77
Bottoms Long 0 3.13 0.08
Tops Intermediate -0.12 -1.40 0.91
Bottoms Intermediate -0.24 -5.71 0.93
Tops Short 0 0.36 0.93
Bottoms Short 0 0.33 0.88
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel