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 18.62 0.04
Bottoms Long 0 15.48 0.10
Tops Intermediate 0.06 20.58 0.84
Bottoms Intermediate 0.12 20.54 0.87
Tops Short 0.06 19.92 0.30
Bottoms Short 0 19.31 0.27
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout