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 2.13 0.11
Bottoms Long 0 1.06 0.25
Tops Intermediate 0 3.62 0.00
Bottoms Intermediate 0 2.72 0.15
Tops Short -0.06 1.78 0.96
Bottoms Short -0.06 1.48 0.89
alerts
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout