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 1.98 0.54
Bottoms Long 0 1.55 0.20
Tops Intermediate 0 1.16 0.90
Bottoms Intermediate 0 1.01 0.89
Tops Short 0 1.70 0.24
Bottoms Short 0 1.53 0.21
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout