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 1.93 0.93
Bottoms Long 0 1.60 0.89
Tops Intermediate 0 2.57 0.04
Bottoms Intermediate 0 2.70 0.50
Tops Short 0 3.08 0.95
Bottoms Short 0 2.83 0.86
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Short Term Upward Sloping Trading Channel