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 -0.63 0.93
Bottoms Long 0 -0.68 0.77
Tops Intermediate 0 0.06 0.77
Bottoms Intermediate 0 0.11 0.95
Tops Short 0 0.21 0.05
Bottoms Short 0 0.17 0.27
alerts
Long Term Bullish Breakout