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 7.06 0.76
Bottoms Long -0.06 6.05 0.63
Tops Intermediate -0.12 5.33 0.88
Bottoms Intermediate -0.12 4.70 0.74
Tops Short 0 6.58 0.00
Bottoms Short 0 5.93 0.17
alerts
Intermediate Term Bullish Breakout