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 12.73 0.85
Bottoms Long 0 10.89 0.36
Tops Intermediate 0 12.05 0.10
Bottoms Intermediate 0 10.45 0.06
Tops Short 0.12 12.67 0.97
Bottoms Short 0.12 12.45 0.99
alerts
Short Term Upward Sloping Trading Channel
Short Term Bearish Breakout