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 3.28 0.12
Bottoms Long 0 1.69 0.15
Tops Intermediate 0.3 14.40 0.47
Bottoms Intermediate 0.18 7.55 0.59
Tops Short -0.12 7.57 0.82
Bottoms Short -0.06 7.42 0.33
alerts
Short Term Bullish Breakout