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 24.57 0.00
Bottoms Long 0 17.60 0.06
Tops Intermediate -0.24 14.73 0.95
Bottoms Intermediate -0.24 11.66 0.93
Tops Short -0.18 15.28 0.56
Bottoms Short -0.18 12.97 0.40
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout