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 -0.12 -2.04 0.90
Bottoms Long -0.06 -1.67 0.96
Tops Intermediate -0.06 0.73 0.91
Bottoms Intermediate -0.06 -0.72 0.69
Tops Short -0.06 0.77 0.57
Bottoms Short 0 0.85 0.01
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout