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 -0.18 20.33 0.66
Bottoms Long -0.24 6.45 0.90
Tops Intermediate -0.36 8.57 0.88
Bottoms Intermediate -0.18 6.84 0.54
Tops Short -0.24 9.63 0.41
Bottoms Short 0 10.21 0.00
alerts
Intermediate Term Bullish Breakout