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 7.60 0.43
Bottoms Long 0 7.07 0.46
Tops Intermediate 0 8.24 0.86
Bottoms Intermediate 0 7.62 0.95
Tops Short 0 7.04 0.34
Bottoms Short 0 6.78 0.44
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout