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 1.14 141.08 0.85
Bottoms Long 1.2 139.14 0.83
Tops Intermediate -0.18 100.53 0.09
Bottoms Intermediate -0.18 93.51 0.17
Tops Short -0.6 95.34 0.23
Bottoms Short -0.72 89.32 0.65
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout