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 0.13 0.91
Bottoms Long 0 0.12 0.69
Tops Intermediate 0 0.12 0.93
Bottoms Intermediate 0 0.11 0.94
Tops Short 0 0.14 0.26
Bottoms Short 0 0.11 0.59
alerts
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout