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 0.06 3.49 0.85
Bottoms Long 0 2.89 0.86
Tops Intermediate 0 2.22 0.16
Bottoms Intermediate 0 2.02 0.23
Tops Short 0 1.98 0.82
Bottoms Short 0 1.80 0.75
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout