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 0.97 0.02
Bottoms Long 0 0.51 0.11
Tops Intermediate 0 0.26 0.77
Bottoms Intermediate 0 0.18 1.00
Tops Short 0 0.26 0.81
Bottoms Short 0 0.27 0.74
alerts
Short Term Bullish Breakout