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 2.86 0.61
Bottoms Long 0 2.33 0.44
Tops Intermediate 0.06 3.46 0.88
Bottoms Intermediate 0 2.94 0.95
Tops Short 0 2.67 0.03
Bottoms Short 0 2.69 0.22
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout