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 27.58 0.01
Bottoms Long -0.06 22.74 0.63
Tops Intermediate -0.06 23.60 0.86
Bottoms Intermediate -0.12 21.06 0.97
Tops Short 0 26.00 0.05
Bottoms Short -0.06 23.03 0.09
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout