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 4.00 0.16
Bottoms Long 0 2.98 0.19
Tops Intermediate -0.06 2.60 0.83
Bottoms Intermediate 0 2.99 0.04
Tops Short 0 3.40 0.10
Bottoms Short 0 3.27 0.35
alerts
Intermediate Term Bullish Breakout