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 16.53 0.28
Bottoms Long 0 14.79 0.34
Tops Intermediate -0.12 12.91 0.98
Bottoms Intermediate -0.06 13.65 0.65
Tops Short -0.06 14.09 0.62
Bottoms Short 0.06 14.78 0.68
alerts
Intermediate Term Bullish Breakout