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 9.41 0.42
Bottoms Long 0 0.85 0.19
Tops Intermediate 0 5.42 0.01
Bottoms Intermediate 0.06 3.14 0.50
Tops Short -0.18 0.85 0.82
Bottoms Short -0.06 1.58 0.75
alerts
Short Term Bullish Breakout