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 2.86 0.81
Bottoms Long 0 2.39 0.89
Tops Intermediate -0.06 2.59 0.92
Bottoms Intermediate -0.06 1.81 0.86
Tops Short -0.06 1.89 0.86
Bottoms Short -0.06 1.51 0.96
alerts
Long Term Downward Sloping Trading Channel
Long Term Bearish Breakout
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel