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 7.17 0.17
Bottoms Long 0 2.97 0.76
Tops Intermediate -0.06 1.98 0.89
Bottoms Intermediate -0.06 2.22 0.98
Tops Short -0.06 2.53 0.99
Bottoms Short -0.06 2.40 0.95
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout