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 -0.84 -11.98 0.88
Bottoms Long -0.6 -9.22 0.97
Tops Intermediate -0.6 -3.57 0.93
Bottoms Intermediate -0.42 -4.17 0.89
Tops Short -0.06 4.63 0.16
Bottoms Short -0.06 3.61 0.25
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout