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 0.22 0.93
Bottoms Long 0 0.05 0.84
Tops Intermediate 0 0.07 0.97
Bottoms Intermediate 0 -0.03 0.82
Tops Short 0 0.20 0.46
Bottoms Short 0 0.18 0.71
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout