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 15.84 0.20
Bottoms Long 0 13.72 0.05
Tops Intermediate -0.06 12.51 0.81
Bottoms Intermediate 0 12.92 0.27
Tops Short 0 13.81 0.34
Bottoms Short 0 13.19 0.06
alerts
Intermediate Term Bullish Breakout