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 0.06 20.01 0.58
Bottoms Long -0.06 6.12 0.77
Tops Intermediate -0.24 4.77 0.97
Bottoms Intermediate -0.18 3.80 0.77
Tops Short 0 7.76 0.36
Bottoms Short 0 7.83 0.20
alerts
Intermediate Term Bullish Breakout