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 2.49 0.30
Bottoms Long 0 1.52 0.22
Tops Intermediate 0 5.81 0.88
Bottoms Intermediate 0.12 7.26 0.68
Tops Short 0 4.81 0.61
Bottoms Short 0 4.90 0.04
alerts
Intermediate Term Bullish Breakout