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 -0.12 6.07 0.67
Bottoms Long -0.12 1.97 0.67
Tops Intermediate -0.24 0.20 0.92
Bottoms Intermediate -0.12 1.46 0.50
Tops Short -0.18 1.21 0.87
Bottoms Short -0.24 -0.02 0.75
alerts
Intermediate Term Bullish Breakout
Short Term Bullish Breakout