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 1.95 0.84
Bottoms Long 0 1.57 0.85
Tops Intermediate 0 2.09 0.85
Bottoms Intermediate 0 1.74 0.57
Tops Short 0 2.12 0.01
Bottoms Short 0 1.56 0.90
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout