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 14.86 0.40
Bottoms Long 0 13.59 0.45
Tops Intermediate -0.06 12.33 0.96
Bottoms Intermediate 0 13.81 0.06
Tops Short 0.06 15.31 0.76
Bottoms Short 0.12 15.10 0.71
alerts
Intermediate Term Bullish Breakout