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 -1.50 0.90
Bottoms Long -0.06 0.53 0.74
Tops Intermediate 0 1.18 0.74
Bottoms Intermediate 0 1.23 0.63
Tops Short 0 1.49 0.19
Bottoms Short 0 1.39 0.01
alerts
Long Term Bullish Breakout