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 3.99 0.99
Bottoms Long -0.06 4.38 0.78
Tops Intermediate -0.06 5.08 0.72
Bottoms Intermediate 0 5.05 0.17
Tops Short 0.06 6.79 0.52
Bottoms Short 0 5.42 0.07
alerts
Long Term Bullish Breakout