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 5.41 0.44
Bottoms Long 0 4.07 0.71
Tops Intermediate 0 5.55 0.03
Bottoms Intermediate 0 3.66 0.92
Tops Short -0.06 3.88 0.83
Bottoms Short -0.06 3.71 0.54
alerts
Short Term Bullish Breakout