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 -0.12 -0.72 0.94
Bottoms Long -0.06 -0.63 0.80
Tops Intermediate -0.06 0.83 0.82
Bottoms Intermediate -0.06 0.72 0.71
Tops Short 0 1.62 0.68
Bottoms Short 0 1.34 0.62
alerts
Long Term Bullish Breakout
Intermediate Term Bullish Breakout