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 5.09 0.07
Bottoms Long 0 4.64 0.00
Tops Intermediate 0 5.10 0.14
Bottoms Intermediate 0 4.62 0.00
Tops Short 0.06 5.48 0.86
Bottoms Short 0.06 5.25 0.89
alerts
Short Term Upward Sloping Trading Channel
Short Term Bearish Breakout