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 3.92 0.54
Bottoms Long -0.06 1.51 0.83
Tops Intermediate -0.18 1.23 0.90
Bottoms Intermediate -0.12 0.74 0.62
Tops Short -0.06 2.14 0.68
Bottoms Short 0 2.31 0.41
alerts
Intermediate Term Bullish Breakout