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 1.59 0.14
Bottoms Long 0 1.56 0.18
Tops Intermediate 0.18 8.97 0.81
Bottoms Intermediate 0.18 7.89 0.86
Tops Short 0 6.95 0.35
Bottoms Short 0.06 7.01 0.88
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout