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 25.86 0.91
Bottoms Long -0.06 23.78 0.91
Tops Intermediate -0.06 26.16 0.76
Bottoms Intermediate 0 25.81 0.00
Tops Short 0.18 31.31 0.71
Bottoms Short 0.12 29.79 0.55
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout