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 3.40 0.55
Bottoms Long 0 2.24 0.73
Tops Intermediate -0.06 2.26 0.98
Bottoms Intermediate -0.06 1.86 0.72
Tops Short 0 2.28 0.26
Bottoms Short 0 2.50 0.69
alerts
Intermediate Term Bullish Breakout