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 2.10 0.87
Bottoms Long -0.06 1.23 0.79
Tops Intermediate 0 3.02 0.19
Bottoms Intermediate 0 2.35 0.01
Tops Short 0.06 4.20 0.91
Bottoms Short 0.06 3.69 0.83
alerts
Long Term Bullish Breakout
Short Term Upward Sloping Trading Channel