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 26.61 0.37
Bottoms Long 0 23.25 0.30
Tops Intermediate 0.12 30.59 0.88
Bottoms Intermediate 0 24.03 0.57
Tops Short -0.18 22.77 0.87
Bottoms Short -0.18 22.36 0.88
alerts
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout