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 11.38 0.84
Bottoms Long 0 11.12 0.01
Tops Intermediate 0 12.76 0.03
Bottoms Intermediate 0.06 11.78 0.43
Tops Short 0 12.83 0.16
Bottoms Short 0.12 12.79 0.47
alerts
Long Term Bullish Breakout