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 -0.06 6.79 0.55
Bottoms Long 0 6.25 0.35
Tops Intermediate -0.06 6.82 0.82
Bottoms Intermediate -0.06 5.59 0.65
Tops Short 0 7.54 0.06
Bottoms Short 0 6.98 0.26
alerts
Intermediate Term Bullish Breakout