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 14.03 0.82
Bottoms Long 0 12.61 0.25
Tops Intermediate 0 13.38 0.91
Bottoms Intermediate -0.06 11.37 0.75
Tops Short 0.06 15.70 0.62
Bottoms Short 0.18 15.78 0.93
alerts
Long Term Bullish Breakout
Intermediate Term Bullish Breakout