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 95.89 0.11
Bottoms Long -0.12 83.91 0.25
Tops Intermediate -0.42 83.12 0.92
Bottoms Intermediate -0.6 68.59 0.98
Tops Short 0.12 95.54 0.16
Bottoms Short 0.12 87.16 0.02
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout