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 2.39 0.89
Bottoms Long -0.06 1.40 0.77
Tops Intermediate 0 5.15 0.08
Bottoms Intermediate 0 4.60 0.38
Tops Short 0.06 5.64 0.83
Bottoms Short 0.06 5.13 0.70
alerts
Long Term Bullish Breakout