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 55.91 0.93
Bottoms Long -0.18 47.23 0.84
Tops Intermediate -0.06 60.60 0.50
Bottoms Intermediate -0.06 50.84 0.43
Tops Short 0.24 65.92 0.81
Bottoms Short 0.18 58.90 0.11
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout