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 10.00 0.98
Bottoms Long -0.06 9.43 0.91
Tops Intermediate 0 10.59 0.52
Bottoms Intermediate 0 9.84 0.49
Tops Short 0 11.02 0.30
Bottoms Short 0 10.28 0.17
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout