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 1.96 0.85
Bottoms Long 0 1.31 0.96
Tops Intermediate 0 1.65 0.97
Bottoms Intermediate -0.06 1.24 0.99
Tops Short -0.06 1.54 0.93
Bottoms Short 0 1.41 0.89
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout