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 6.48 0.33
Bottoms Long 0 2.49 0.14
Tops Intermediate 0.36 20.23 0.82
Bottoms Intermediate 0.3 16.08 0.83
Tops Short 0 13.22 0.01
Bottoms Short 0 12.80 0.18
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout