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 -0.18 22.38 0.91
Bottoms Long -0.12 23.12 0.52
Tops Intermediate -0.18 21.27 0.70
Bottoms Intermediate -0.3 14.30 0.89
Tops Short -0.54 11.15 0.88
Bottoms Short -0.48 10.73 0.83
alerts
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout