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 3.16 0.16
Bottoms Long 0 2.55 0.01
Tops Intermediate -0.36 -4.69 0.85
Bottoms Intermediate 0 0.10 0.43
Tops Short 0 0.20 0.24
Bottoms Short 0 0.31 0.04
alerts
Intermediate Term Bullish Breakout