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 -0.12 6.12 0.96
Bottoms Long -0.12 4.52 0.93
Tops Intermediate -0.06 7.53 0.60
Bottoms Intermediate 0 6.57 0.72
Tops Short -0.06 7.04 0.60
Bottoms Short 0 6.74 0.37
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout