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 -0.48 11.41 0.81
Bottoms Long -0.3 11.07 0.94
Tops Intermediate -0.12 26.24 0.66
Bottoms Intermediate 0 23.38 0.02
Tops Short 0.12 27.95 0.26
Bottoms Short 0.24 26.90 0.52
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout