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 0.18 16.78 0.31
Bottoms Long 0.12 9.33 0.56
Tops Intermediate -1.26 1.23 0.90
Bottoms Intermediate -0.84 3.99 0.83
Tops Short 0.3 21.78 0.35
Bottoms Short 0.3 19.80 0.36
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout