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 29.19 0.18
Bottoms Long -0.06 27.22 0.30
Tops Intermediate -0.18 24.93 0.98
Bottoms Intermediate -0.12 24.36 0.88
Tops Short 0.18 31.68 0.75
Bottoms Short 0.12 29.74 0.48
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout