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 7.35 0.21
Bottoms Long 0 4.67 0.14
Tops Intermediate 0 6.90 0.29
Bottoms Intermediate -0.12 1.95 0.83
Tops Short -0.18 1.90 0.88
Bottoms Short -0.18 1.46 0.73
alerts
Short Term Bullish Breakout