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 45.72 0.90
Bottoms Long 0 39.56 0.09
Tops Intermediate 0 42.21 0.01
Bottoms Intermediate -0.12 38.39 0.36
Tops Short -0.18 39.04 0.90
Bottoms Short -0.06 40.17 0.03
alerts
Short Term Bullish Breakout