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 -0.12 6.63 0.97
Bottoms Long -0.12 4.78 0.98
Tops Intermediate -0.06 8.13 0.64
Bottoms Intermediate -0.06 7.67 0.61
Tops Short 0 8.57 0.05
Bottoms Short 0 8.24 0.00
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout