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 13.49 0.59
Bottoms Long -0.12 7.91 0.88
Tops Intermediate -0.12 9.54 0.89
Bottoms Intermediate -0.18 6.72 0.75
Tops Short -0.18 9.02 0.62
Bottoms Short -0.12 8.21 0.34
alerts
Intermediate Term Bullish Breakout