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 0.88 0.89
Bottoms Long 0 2.96 0.00
Tops Intermediate -0.12 0.15 0.86
Bottoms Intermediate -0.12 -0.77 0.81
Tops Short -0.18 -0.64 0.89
Bottoms Short -0.18 -0.84 0.69
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Bullish Breakout