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 4.69 0.06
Bottoms Long 0 4.43 0.02
Tops Intermediate 0 5.15 0.94
Bottoms Intermediate 0 4.74 0.78
Tops Short 0.12 8.28 0.63
Bottoms Short 0.18 9.15 0.91
alerts
Intermediate Term Bullish Breakout