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 7.26 0.90
Bottoms Long 0.06 5.47 0.89
Tops Intermediate 0 5.41 0.55
Bottoms Intermediate 0 4.77 0.37
Tops Short 0 4.79 0.38
Bottoms Short 0 4.44 0.82
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout