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 5.68 0.40
Bottoms Long -0.06 3.22 0.63
Tops Intermediate -0.12 2.58 0.91
Bottoms Intermediate -0.12 1.32 0.90
Tops Short 0 3.70 0.24
Bottoms Short 0 3.30 0.47
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout