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 23.75 0.89
Bottoms Long -0.06 20.83 0.92
Tops Intermediate 0 25.52 0.26
Bottoms Intermediate -0.06 21.77 0.67
Tops Short 0.06 26.47 0.66
Bottoms Short 0.12 25.87 0.69
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout