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 -0.18 19.73 0.66
Bottoms Long -0.24 5.59 0.90
Tops Intermediate -0.36 7.03 0.88
Bottoms Intermediate -0.18 6.00 0.54
Tops Short -0.12 10.45 0.14
Bottoms Short 0.18 13.24 0.87
alerts
Intermediate Term Bullish Breakout