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 -0.06 6.25 0.90
Bottoms Long -0.06 5.81 0.85
Tops Intermediate -0.06 7.30 0.87
Bottoms Intermediate -0.06 5.86 0.90
Tops Short -0.06 6.78 0.93
Bottoms Short -0.06 6.24 0.58
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel