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 -0.18 -2.90 0.86
Bottoms Long -0.06 -0.59 0.85
Tops Intermediate -0.12 0.29 0.71
Bottoms Intermediate -0.06 0.92 0.96
Tops Short -0.06 1.25 0.75
Bottoms Short -0.06 1.14 0.93
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout