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 2.36 0.98
Bottoms Long 0 2.10 1.00
Tops Intermediate 0 3.61 0.33
Bottoms Intermediate 0 2.85 0.98
Tops Short 0.06 4.38 0.81
Bottoms Short 0.06 4.33 0.81
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Short Term Upward Sloping Trading Channel