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 0.48 0.88
Bottoms Long 0 1.91 0.60
Tops Intermediate 0 2.67 0.98
Bottoms Intermediate 0 2.37 0.85
Tops Short 0.06 2.94 0.92
Bottoms Short 0.06 2.63 0.88
alerts
Long Term Bullish Breakout
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel