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 12.14 0.92
Bottoms Long 0 12.48 0.43
Tops Intermediate 0 15.55 0.01
Bottoms Intermediate 0 13.38 0.01
Tops Short 0.06 16.42 0.95
Bottoms Short 0.12 16.24 0.95
alerts
Long Term Bullish Breakout
Short Term Upward Sloping Trading Channel