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 30.27 0.64
Bottoms Long 0.06 28.25 0.83
Tops Intermediate -0.06 26.28 0.96
Bottoms Intermediate -0.06 25.08 0.95
Tops Short -0.12 25.51 0.93
Bottoms Short -0.12 25.12 0.89
alerts
Long Term Bearish Breakout
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel