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 8.06 0.68
Bottoms Long -0.06 7.04 0.64
Tops Intermediate -0.06 6.91 0.98
Bottoms Intermediate -0.06 5.95 0.98
Tops Short 0 7.45 0.04
Bottoms Short 0 6.79 0.36
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout