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 1.08 120.24 0.82
Bottoms Long 0.96 103.48 0.84
Tops Intermediate -0.12 77.24 0.53
Bottoms Intermediate -0.06 77.32 0.48
Tops Short 0 78.58 0.01
Bottoms Short 0 78.54 0.12
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout