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 0.3 33.46 0.81
Bottoms Long 0.24 25.57 0.85
Tops Intermediate 0 20.01 0.39
Bottoms Intermediate 0 19.38 0.38
Tops Short -0.06 18.78 0.83
Bottoms Short -0.06 18.60 0.89
alerts
Long Term Upward Sloping Trading Channel
Long Term Bearish Breakout
Short Term Downward Sloping Trading Channel
Short Term Bullish Breakout