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 0.14 0.30
Bottoms Long 0 0.13 0.32
Tops Intermediate 0 0.12 0.86
Bottoms Intermediate 0 0.13 0.75
Tops Short 0.12 3.05 0.24
Bottoms Short 0 0.13 0.68
alerts
Intermediate Term Bullish Breakout