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 2.26 0.46
Bottoms Long 0 1.72 0.81
Tops Intermediate 0 1.96 0.62
Bottoms Intermediate 0 1.10 0.77
Tops Short -0.06 0.91 0.92
Bottoms Short -0.06 0.79 0.98
alerts
Long Term Bearish Breakout
Short Term Downward Sloping Trading Channel