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 -0.12 7.56 0.63
Bottoms Long -0.06 8.65 0.15
Tops Intermediate 0 12.21 0.02
Bottoms Intermediate 0 10.29 0.00
Tops Short -0.12 10.50 0.81
Bottoms Short -0.06 9.27 0.29
alerts
Short Term Bullish Breakout