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 2.52 0.67
Bottoms Long 0 3.09 0.76
Tops Intermediate -0.06 3.58 0.67
Bottoms Intermediate -0.06 2.62 0.98
Tops Short -0.06 3.32 0.82
Bottoms Short -0.06 3.33 0.41
alerts
Short Term Bullish Breakout