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 -1.19 0.88
Bottoms Long -0.06 -0.79 0.94
Tops Intermediate -0.12 -1.51 0.99
Bottoms Intermediate -0.06 -0.97 0.84
Tops Short -0.06 0.09 0.87
Bottoms Short -0.06 -0.12 0.91
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel