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 1.72 0.21
Bottoms Long 0 1.79 0.67
Tops Intermediate -0.06 -0.00 0.92
Bottoms Intermediate -0.06 0.16 0.87
Tops Short 0 1.15 0.03
Bottoms Short 0 0.91 0.11
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout