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 0.66 0.03
Bottoms Long 0 0.48 0.08
Tops Intermediate 0 0.35 0.83
Bottoms Intermediate 0 0.35 0.25
Tops Short 0 0.25 0.74
Bottoms Short 0 0.17 0.80
alerts
Intermediate Term Bullish Breakout