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 0.12 34.12 0.81
Bottoms Long 0.06 29.80 0.92
Tops Intermediate 0 30.12 0.01
Bottoms Intermediate 0.06 30.01 0.30
Tops Short -0.18 26.93 0.90
Bottoms Short -0.12 26.05 0.90
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout
Short Term Downward Sloping Trading Channel