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 7.06 0.76
Bottoms Long 0 3.59 0.21
Tops Intermediate -0.06 1.62 0.98
Bottoms Intermediate -0.06 2.69 0.67
Tops Short 0 3.14 0.49
Bottoms Short 0 3.41 0.51
alerts
Intermediate Term Bullish Breakout