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 -1.51 0.85
Bottoms Long -0.06 -0.33 0.68
Tops Intermediate 0 0.66 0.93
Bottoms Intermediate 0 0.47 0.01
Tops Short 0 0.36 0.75
Bottoms Short 0 0.39 0.35
alerts
Long Term Bullish Breakout