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 24.66 0.00
Bottoms Long 0 20.43 0.03
Tops Intermediate -0.3 14.55 0.87
Bottoms Intermediate -0.18 15.24 0.91
Tops Short -0.06 18.51 0.48
Bottoms Short -0.06 17.88 0.71
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout