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 -0.12 35.29 0.92
Bottoms Long -0.12 32.93 0.90
Tops Intermediate -0.06 36.11 0.93
Bottoms Intermediate -0.06 34.64 0.49
Tops Short 0.24 43.03 0.90
Bottoms Short 0.18 40.24 0.35
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout