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 1.84 0.92
Bottoms Long 0 1.86 0.81
Tops Intermediate 0 2.51 0.49
Bottoms Intermediate 0 1.71 0.98
Tops Short 0 2.56 0.00
Bottoms Short 0 1.78 0.71
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout