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 15.50 0.71
Bottoms Long 0 7.86 0.17
Tops Intermediate -0.12 7.62 0.47
Bottoms Intermediate -0.06 6.32 0.60
Tops Short -0.12 6.42 0.83
Bottoms Short -0.06 6.51 0.73
alerts
Short Term Bullish Breakout