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 -0.72 -12.87 0.60
Bottoms Long -0.48 -8.63 0.74
Tops Intermediate 0.18 13.44 0.26
Bottoms Intermediate 0.12 8.43 0.47
Tops Short -0.24 6.39 0.94
Bottoms Short -0.12 5.88 0.74
alerts
Short Term Bullish Breakout