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 6.95 0.41
Bottoms Long 0 4.97 0.36
Tops Intermediate -0.06 4.80 0.62
Bottoms Intermediate -0.06 3.30 0.72
Tops Short -0.12 3.42 0.82
Bottoms Short -0.12 2.27 0.87
alerts
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout