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 8.59 0.70
Bottoms Long 0 8.67 0.56
Tops Intermediate -0.06 9.49 0.49
Bottoms Intermediate -0.06 7.98 0.57
Tops Short -0.12 7.80 0.83
Bottoms Short 0 8.26 0.12
alerts
Short Term Bullish Breakout