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 13.31 0.38
Bottoms Long -0.06 9.87 0.55
Tops Intermediate -0.18 8.78 0.96
Bottoms Intermediate -0.12 6.76 0.98
Tops Short -0.12 9.45 0.78
Bottoms Short -0.18 8.13 0.84
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout