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 35.96 0.23
Bottoms Long 0 31.29 0.24
Tops Intermediate -0.12 30.82 0.89
Bottoms Intermediate -0.12 27.77 0.91
Tops Short -0.18 28.84 0.72
Bottoms Short -0.18 27.72 0.68
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout