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 2.99 0.39
Bottoms Long 0 1.49 0.22
Tops Intermediate 0.12 8.08 0.88
Bottoms Intermediate 0.12 6.00 0.89
Tops Short 0.06 5.74 0.37
Bottoms Short 0 5.25 0.26
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout