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 16.88 0.83
Bottoms Long -0.06 16.94 0.64
Tops Intermediate 0 22.22 0.87
Bottoms Intermediate 0.06 21.81 0.79
Tops Short 0.06 22.48 0.91
Bottoms Short 0.06 22.08 0.92
alerts
Long Term Bullish Breakout
Short Term Upward Sloping Trading Channel