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 2.07 0.04
Bottoms Long 0 1.73 0.11
Tops Intermediate 0 1.49 0.92
Bottoms Intermediate 0 1.51 0.81
Tops Short 0 1.78 0.01
Bottoms Short 0 1.67 0.00
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout