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 2.21 0.94
Bottoms Long 0 1.84 0.93
Tops Intermediate 0 2.14 0.91
Bottoms Intermediate 0 1.86 0.87
Tops Short 0 2.13 0.66
Bottoms Short 0 1.88 0.58
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout