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 7.42 0.25
Bottoms Long -0.06 3.53 0.84
Tops Intermediate -0.06 3.06 0.92
Bottoms Intermediate -0.06 3.31 0.78
Tops Short 0 4.02 0.28
Bottoms Short 0.06 4.43 0.67
alerts
Intermediate Term Bullish Breakout