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 5.39 0.05
Bottoms Long 0 4.50 0.05
Tops Intermediate -0.06 3.77 0.96
Bottoms Intermediate -0.06 3.43 0.92
Tops Short -0.06 3.74 0.58
Bottoms Short 0 3.69 0.04
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout