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 -0.18 20.38 0.92
Bottoms Long -0.18 15.73 0.98
Tops Intermediate -0.24 16.97 1.00
Bottoms Intermediate -0.18 16.35 0.83
Tops Short -0.12 19.20 0.26
Bottoms Short 0 19.34 0.04
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout