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 14.73 0.96
Bottoms Long 0 11.19 0.70
Tops Intermediate 0.06 14.93 0.81
Bottoms Intermediate 0.12 14.72 0.84
Tops Short 0.06 14.66 0.58
Bottoms Short 0 14.30 0.28
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout