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 0.32 0.89
Bottoms Long 0 0.48 0.79
Tops Intermediate 0 0.78 0.00
Bottoms Intermediate 0 0.39 0.90
Tops Short 0 0.83 0.53
Bottoms Short 0 0.72 0.38
alerts
Long Term Bullish Breakout