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 0.48 54.40 0.41
Bottoms Long 0.24 27.92 0.66
Tops Intermediate -1.14 2.76 0.92
Bottoms Intermediate -0.36 7.82 1.00
Tops Short -0.48 8.98 0.88
Bottoms Short -0.42 8.27 0.96
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout