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 11.34 0.96
Bottoms Long 0.06 6.60 0.34
Tops Intermediate -0.06 8.21 0.56
Bottoms Intermediate -0.18 3.39 0.95
Tops Short -0.18 4.30 0.86
Bottoms Short -0.18 3.81 0.86
alerts
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout