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 4.90 0.11
Bottoms Long 0 4.73 0.43
Tops Intermediate 0 5.94 0.91
Bottoms Intermediate 0 5.45 0.93
Tops Short 0.12 7.83 0.72
Bottoms Short 0.12 6.92 0.58
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bullish Breakout