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 0.12 83.17 0.31
Bottoms Long -0.06 63.04 0.16
Tops Intermediate -0.36 63.68 0.86
Bottoms Intermediate -0.6 49.82 0.92
Tops Short -0.78 58.21 0.91
Bottoms Short 0 61.97 0.00
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Bullish Breakout