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 2.92 0.96
Bottoms Long 0 2.42 0.47
Tops Intermediate 0 2.86 0.41
Bottoms Intermediate 0 2.71 0.22
Tops Short 0.06 3.69 0.40
Bottoms Short 0 2.75 0.04
alerts
Long Term Bullish Breakout