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 0.06 5.68 0.91
Bottoms Long 0.06 3.82 0.84
Tops Intermediate 0 3.41 0.21
Bottoms Intermediate 0 3.16 0.47
Tops Short 0.06 3.58 0.61
Bottoms Short 0.06 3.50 0.58
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout