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 19.96 0.85
Bottoms Long 0.12 16.93 0.90
Tops Intermediate 0 18.25 0.32
Bottoms Intermediate 0 16.68 0.14
Tops Short -0.06 15.97 0.74
Bottoms Short -0.06 15.28 0.44
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout