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 8.48 0.34
Bottoms Long 0 6.97 0.59
Tops Intermediate -0.12 6.24 0.97
Bottoms Intermediate 0 6.98 0.27
Tops Short -0.06 7.30 0.55
Bottoms Short 0 7.57 0.62
alerts
Intermediate Term Bullish Breakout