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 -0.48 -8.81 0.76
Bottoms Long -0.42 -8.71 0.71
Tops Intermediate -0.06 -0.43 0.94
Bottoms Intermediate -0.06 -0.39 0.85
Tops Short 0 0.44 0.92
Bottoms Short 0 0.40 0.91
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel
Short Term Bearish Breakout