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 3.59 0.01
Bottoms Long 0 1.67 0.09
Tops Intermediate -0.06 1.32 0.86
Bottoms Intermediate -0.06 1.00 0.91
Tops Short 0 1.86 0.09
Bottoms Short 0 1.86 0.70
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout