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 5.20 0.50
Bottoms Long 0 3.23 0.04
Tops Intermediate -0.06 2.80 0.98
Bottoms Intermediate -0.06 2.40 0.97
Tops Short 0 2.89 0.55
Bottoms Short 0 2.84 0.54
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout