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 6.39 0.51
Bottoms Long 0 4.72 0.30
Tops Intermediate -0.12 4.53 0.87
Bottoms Intermediate -0.12 3.37 0.91
Tops Short -0.06 4.55 0.84
Bottoms Short -0.06 4.22 0.53
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Bullish Breakout