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 7.93 0.78
Bottoms Long -0.06 8.28 0.95
Tops Intermediate -0.06 9.79 0.99
Bottoms Intermediate -0.06 8.48 0.96
Tops Short 0 9.97 0.19
Bottoms Short -0.06 8.94 0.55
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout