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 31.01 0.87
Bottoms Long -0.12 26.75 0.88
Tops Intermediate -0.06 32.37 0.22
Bottoms Intermediate -0.06 31.41 0.07
Tops Short 0.24 36.58 0.53
Bottoms Short 0.36 36.66 0.93
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout