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 4.67 0.09
Bottoms Long 0 4.26 0.18
Tops Intermediate -0.06 3.21 0.92
Bottoms Intermediate 0 3.45 0.10
Tops Short 0 4.27 0.20
Bottoms Short 0 4.11 0.39
alerts
Intermediate Term Bullish Breakout