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 9.17 0.20
Bottoms Long 0 7.90 0.21
Tops Intermediate -0.06 7.78 0.81
Bottoms Intermediate -0.06 7.24 0.55
Tops Short 0 8.15 0.02
Bottoms Short 0.06 8.41 0.88
alerts
Intermediate Term Bullish Breakout