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 15.23 0.24
Bottoms Long 0 8.61 0.28
Tops Intermediate -0.06 7.83 0.87
Bottoms Intermediate -0.06 7.60 0.55
Tops Short -0.06 8.30 0.27
Bottoms Short 0 8.36 0.38
alerts
Intermediate Term Bullish Breakout