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 0.3 37.98 0.85
Bottoms Long 0.36 41.30 0.85
Tops Intermediate 0 25.82 0.75
Bottoms Intermediate 0 25.83 0.92
Tops Short 0 25.61 0.32
Bottoms Short 0 25.50 0.58
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout