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 1.72 0.69
Bottoms Long 0 0.88 0.54
Tops Intermediate 0 0.89 0.41
Bottoms Intermediate 0 0.54 0.85
Tops Short -0.06 0.47 0.94
Bottoms Short 0 0.57 0.71
alerts
Short Term Bullish Breakout