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 2.42 0.99
Bottoms Long 0 2.11 0.92
Tops Intermediate 0 2.62 0.98
Bottoms Intermediate 0 2.26 0.80
Tops Short 0 2.37 0.58
Bottoms Short 0 2.26 0.47
alerts
Long Term Upward Sloping Trading Channel
Long Term Bullish Breakout