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 80.63 0.07
Bottoms Long -0.12 61.35 0.42
Tops Intermediate -0.42 59.49 0.90
Bottoms Intermediate -0.42 56.61 0.64
Tops Short -0.3 61.79 0.33
Bottoms Short 0.48 67.19 0.96
alerts
Intermediate Term Bullish Breakout