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 0.65 1.00
Bottoms Long 0 0.59 0.95
Tops Intermediate 0 0.70 0.96
Bottoms Intermediate 0 0.65 0.91
Tops Short 0 0.73 0.80
Bottoms Short 0 0.67 0.83
alerts
Long Term Upward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Upward Sloping Trading Channel