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 -0.15 0.86
Bottoms Long -0.06 1.09 0.54
Tops Intermediate 0 2.63 0.26
Bottoms Intermediate 0 2.04 0.00
Tops Short 0 2.50 0.25
Bottoms Short 0 2.22 0.03
alerts
Long Term Bullish Breakout