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 0.18 66.67 0.93
Bottoms Long 0.18 52.81 0.90
Tops Intermediate -0.06 57.36 0.25
Bottoms Intermediate -0.12 48.48 0.33
Tops Short -0.24 54.53 0.42
Bottoms Short -0.12 50.31 0.26
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout