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 3.95 0.09
Bottoms Long 0 2.76 0.13
Tops Intermediate -0.06 2.07 0.94
Bottoms Intermediate 0.06 2.99 1.00
Tops Short 0 2.91 0.08
Bottoms Short 0 2.78 0.10
alerts
Intermediate Term Bullish Breakout