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 4.16 0.08
Bottoms Long 0 2.64 0.46
Tops Intermediate -0.06 2.37 0.87
Bottoms Intermediate -0.06 1.91 0.67
Tops Short 0 2.62 0.02
Bottoms Short 0 2.77 0.58
alerts
Intermediate Term Bullish Breakout