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 7.70 0.39
Bottoms Long -0.06 5.38 0.59
Tops Intermediate -0.12 5.60 0.84
Bottoms Intermediate -0.06 5.12 0.71
Tops Short -0.06 6.06 0.36
Bottoms Short 0 5.69 0.14
alerts
Intermediate Term Bullish Breakout