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 74.62 0.55
Bottoms Long -0.48 55.89 0.71
Tops Intermediate -0.84 56.08 0.95
Bottoms Intermediate -0.6 53.52 0.58
Tops Short 0 71.14 0.00
Bottoms Short 0.36 70.98 0.35
alerts
Intermediate Term Bullish Breakout