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 3.71 0.32
Bottoms Long 0 3.03 0.46
Tops Intermediate 0 2.89 0.94
Bottoms Intermediate 0 2.78 0.93
Tops Short 0 3.17 0.00
Bottoms Short 0 3.00 0.27
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout