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 46.32 0.29
Bottoms Long -0.06 40.09 0.67
Tops Intermediate -0.18 41.15 0.99
Bottoms Intermediate -0.24 35.07 1.00
Tops Short 0.12 47.88 0.15
Bottoms Short 0.24 47.25 0.28
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout