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 10.71 0.93
Bottoms Long -0.06 10.19 0.65
Tops Intermediate 0 13.07 0.53
Bottoms Intermediate 0.06 13.23 0.68
Tops Short 0.12 14.44 0.90
Bottoms Short 0.12 14.25 0.97
alerts
Long Term Bullish Breakout
Short Term Upward Sloping Trading Channel
Short Term Bullish Breakout