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 22.97 0.05
Bottoms Long 0.06 19.26 0.24
Tops Intermediate 0.18 27.73 0.94
Bottoms Intermediate 0.24 26.56 0.99
Tops Short 0 23.94 0.01
Bottoms Short -0.06 20.71 0.48
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout