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 2.43 0.82
Bottoms Long -0.06 1.26 0.75
Tops Intermediate -0.06 3.32 0.80
Bottoms Intermediate 0 2.94 0.37
Tops Short 0 3.60 0.27
Bottoms Short 0.06 3.92 0.98
alerts
Long Term Bullish Breakout
Short Term Bearish Breakout