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 0.06 5.62 0.35
Bottoms Long 0.06 4.46 0.72
Tops Intermediate -0.06 2.28 0.85
Bottoms Intermediate -0.06 2.10 0.98
Tops Short -0.06 2.49 0.89
Bottoms Short -0.06 2.30 0.91
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel