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 -0.84 58.54 0.35
Bottoms Long -1.2 1.17 0.77
Tops Intermediate -4.44 -62.25 0.98
Bottoms Intermediate -3 -34.13 0.73
Tops Short -0.06 14.07 0.66
Bottoms Short -0.06 13.72 0.45
alerts
Intermediate Term Bullish Breakout