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 0.01 0.73
Bottoms Long 0 -0.00 0.72
Tops Intermediate 0 -0.00 0.84
Bottoms Intermediate 0 -0.00 0.92
Tops Short 0 -0.01 0.77
Bottoms Short 0 -0.00 0.77
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout