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 15.70 0.79
Bottoms Long 0.12 15.38 0.89
Tops Intermediate 0 11.85 0.81
Bottoms Intermediate 0 10.65 0.89
Tops Short 0 11.27 0.18
Bottoms Short 0 10.80 0.78
alerts
Long Term Bearish Breakout
Intermediate Term Upward Sloping Trading Channel