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 -0.24 0.41 0.83
Bottoms Long 0 5.31 0.23
Tops Intermediate 0 7.68 0.29
Bottoms Intermediate 0.06 6.89 0.43
Tops Short 0 7.31 0.12
Bottoms Short 0.06 7.13 0.80
alerts
Long Term Bullish Breakout