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 -1.56 211.25 0.90
Bottoms Long -2.1 125.85 0.92
Tops Intermediate -2.22 181.49 0.73
Bottoms Intermediate -2.1 140.14 0.60
Tops Short -5.64 118.24 0.81
Bottoms Short -5.22 94.94 0.74
alerts
Long Term Downward Sloping Trading Channel
Short Term Bullish Breakout