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 3.93 0.90
Bottoms Long 0.06 3.37 0.89
Tops Intermediate 0 3.07 0.26
Bottoms Intermediate 0 2.83 0.10
Tops Short 0 3.00 0.04
Bottoms Short 0 2.81 0.00
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout