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 -0.06 7.63 0.87
Bottoms Long -0.06 6.51 0.95
Tops Intermediate 0 9.24 0.01
Bottoms Intermediate 0 6.98 0.68
Tops Short 0 9.22 0.17
Bottoms Short 0 8.31 0.04
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout