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 -0.06 32.03 0.30
Bottoms Long 0 30.07 0.23
Tops Intermediate -0.18 27.23 0.89
Bottoms Intermediate -0.12 27.14 0.62
Tops Short -0.12 28.78 0.34
Bottoms Short 0.12 30.29 0.94
alerts
Intermediate Term Bullish Breakout