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 -0.36 112.36 0.75
Bottoms Long -0.54 82.65 0.90
Tops Intermediate -0.66 101.56 0.94
Bottoms Intermediate -0.12 101.74 0.02
Tops Short 0.18 116.26 0.47
Bottoms Short 0.48 108.25 0.28
alerts
Intermediate Term Bullish Breakout