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 -0.78 -8.32 0.78
Bottoms Long -0.6 -19.77 1.00
Tops Intermediate -0.42 -4.35 0.91
Bottoms Intermediate -0.24 0.35 1.00
Tops Short -0.12 0.64 0.88
Bottoms Short -0.06 0.66 0.83
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout