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 -0.18 -1.50 0.68
Bottoms Long -0.12 -0.67 0.65
Tops Intermediate 0 5.38 0.13
Bottoms Intermediate 0 4.16 0.82
Tops Short -0.06 3.87 0.81
Bottoms Short 0 3.84 0.33
alerts
Short Term Bullish Breakout