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 0.63 0.17
Bottoms Long 0 0.48 0.05
Tops Intermediate 0 0.37 0.92
Bottoms Intermediate 0 0.32 0.82
Tops Short 0 0.41 0.90
Bottoms Short 0 0.33 0.83
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout
Short Term Downward Sloping Trading Channel