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 -0.12 0.25 0.71
Bottoms Long -0.06 1.13 0.84
Tops Intermediate 0 3.57 0.59
Bottoms Intermediate 0 2.80 0.31
Tops Short 0.06 4.70 0.99
Bottoms Short 0.06 4.52 0.91
alerts
Short Term Upward Sloping Trading Channel
Short Term Bullish Breakout