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 0.12 38.02 0.61
Bottoms Long 0.12 35.04 0.56
Tops Intermediate -0.06 35.48 0.94
Bottoms Intermediate -0.06 34.11 0.99
Tops Short -0.06 34.73 0.50
Bottoms Short 0.06 36.28 0.36
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout