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 28.67 0.00
Bottoms Long -0.06 10.78 0.35
Tops Intermediate -0.6 0.27 0.82
Bottoms Intermediate -0.3 3.66 0.85
Tops Short -0.24 7.44 0.99
Bottoms Short -0.18 7.14 0.94
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel