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 7.46 0.84
Bottoms Long 0 6.95 0.94
Tops Intermediate 0 8.03 0.00
Bottoms Intermediate 0 7.76 0.07
Tops Short 0 8.53 0.77
Bottoms Short 0 8.14 0.45
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout