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 0.24 0.04
Bottoms Long 0 0.17 0.04
Tops Intermediate 0.06 2.64 0.42
Bottoms Intermediate 0 1.07 0.24
Tops Short 0.24 6.04 0.88
Bottoms Short 0.24 5.54 0.89
alerts
Short Term Upward Sloping Trading Channel
Short Term Bearish Breakout