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 -0.24 -4.66 0.94
Bottoms Long -0.18 -2.96 0.89
Tops Intermediate -0.12 -0.34 0.94
Bottoms Intermediate -0.12 -0.22 0.93
Tops Short -0.06 1.27 0.70
Bottoms Short 0 1.40 0.64
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout