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 -3.21 0.99
Bottoms Long -0.12 1.65 0.94
Tops Intermediate -0.18 0.37 0.95
Bottoms Intermediate -0.18 0.43 0.97
Tops Short -0.12 1.73 0.89
Bottoms Short 0 3.25 0.00
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Bullish Breakout