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 -2.46 -13.39 0.83
Bottoms Long -2.34 -27.58 0.70
Tops Intermediate -2.64 -31.67 0.39
Bottoms Intermediate 0.06 23.30 0.80
Tops Short 0.12 26.02 0.58
Bottoms Short 0.12 24.01 0.73
alerts
Long Term Bullish Breakout