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 10.36 0.95
Bottoms Long 0 8.77 0.90
Tops Intermediate 0.06 10.65 0.99
Bottoms Intermediate 0 8.24 1.00
Tops Short 0.06 10.81 0.95
Bottoms Short 0.12 10.80 0.73
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout