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 7.68 0.23
Bottoms Long 0 6.59 0.21
Tops Intermediate -0.06 5.87 0.97
Bottoms Intermediate 0 5.99 0.24
Tops Short 0 6.50 0.12
Bottoms Short 0.06 6.61 0.87
alerts
Intermediate Term Bullish Breakout