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 1.83 0.16
Bottoms Long 0 1.12 0.64
Tops Intermediate 0 2.16 0.03
Bottoms Intermediate 0 1.12 0.25
Tops Short 0.18 5.20 0.85
Bottoms Short 0.06 2.59 0.67
alerts
Short Term Bullish Breakout