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 0.12 34.23 0.46
Bottoms Long 0.06 19.74 0.73
Tops Intermediate -0.24 18.25 0.99
Bottoms Intermediate -0.3 15.87 0.99
Tops Short -0.18 20.40 0.87
Bottoms Short -0.24 17.01 0.77
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout