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 -0.18 4.62 0.68
Bottoms Long 0.06 11.73 0.38
Tops Intermediate 0.12 14.25 0.96
Bottoms Intermediate 0.12 12.49 0.96
Tops Short 0 11.98 0.05
Bottoms Short 0.06 12.21 0.54
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bullish Breakout