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 24.81 0.86
Bottoms Long 0.06 24.20 0.96
Tops Intermediate 0 23.50 0.31
Bottoms Intermediate 0 23.19 0.25
Tops Short 0 23.30 0.12
Bottoms Short -0.06 22.34 0.37
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout