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 0.06 29.58 0.09
Bottoms Long 0 20.59 0.02
Tops Intermediate -0.36 15.02 0.89
Bottoms Intermediate -0.18 16.29 0.91
Tops Short -0.12 18.31 0.56
Bottoms Short -0.06 18.15 0.71
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout