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 0.18 21.85 0.79
Bottoms Long 0.18 20.95 0.86
Tops Intermediate 0 15.77 0.99
Bottoms Intermediate 0 15.32 0.89
Tops Short 0 15.70 0.89
Bottoms Short 0.06 15.50 0.85
alerts
Long Term Bearish Breakout
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel