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 2.35 0.09
Bottoms Long 0 1.18 0.08
Tops Intermediate -0.06 -0.34 0.90
Bottoms Intermediate -0.06 -0.64 0.89
Tops Short 0 0.45 0.87
Bottoms Short 0 0.42 0.84
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel
Short Term Bearish Breakout