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 2.23 0.93
Bottoms Long 0 1.16 0.97
Tops Intermediate -0.06 1.42 0.94
Bottoms Intermediate -0.06 0.87 0.90
Tops Short -0.06 1.03 0.88
Bottoms Short -0.06 0.77 0.89
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout