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 0.47 0.74
Bottoms Long 0 0.33 0.64
Tops Intermediate 0 0.53 0.91
Bottoms Intermediate 0 0.43 0.86
Tops Short 0 0.57 0.92
Bottoms Short 0 0.51 0.96
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel
Short Term Bearish Breakout