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 7.87 0.33
Bottoms Long 0.06 4.67 0.44
Tops Intermediate -0.06 6.45 0.98
Bottoms Intermediate 0 7.69 0.97
Tops Short 0 8.72 0.10
Bottoms Short 0 7.79 0.00
alerts
Intermediate Term Bullish Breakout