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 14.33 0.21
Bottoms Long 0.12 15.48 0.67
Tops Intermediate -0.06 8.73 0.76
Bottoms Intermediate 0 10.83 0.03
Tops Short 0.12 13.36 0.92
Bottoms Short 0.12 12.39 0.91
alerts
Short Term Upward Sloping Trading Channel
Short Term Bullish Breakout