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 30.57 0.04
Bottoms Long -0.06 19.49 0.19
Tops Intermediate -0.6 6.56 0.87
Bottoms Intermediate -0.3 9.17 0.89
Tops Short -0.18 13.88 0.86
Bottoms Short -0.12 13.06 0.75
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout