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 3.72 0.90
Bottoms Long 0 3.35 0.99
Tops Intermediate 0 4.29 0.16
Bottoms Intermediate 0 4.00 0.00
Tops Short 0 4.45 0.29
Bottoms Short 0 4.13 0.42
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout