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 29.07 0.98
Bottoms Long -0.24 25.38 0.95
Tops Intermediate -0.24 30.20 0.95
Bottoms Intermediate -0.18 26.97 0.69
Tops Short -0.18 31.08 0.51
Bottoms Short 0 31.07 0.00
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout