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 5.21 0.97
Bottoms Long -0.06 7.44 0.78
Tops Intermediate -0.06 8.97 0.76
Bottoms Intermediate -0.06 7.97 0.49
Tops Short -0.06 8.74 0.45
Bottoms Short 0.06 9.23 0.75
alerts
Long Term Bullish Breakout