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 -0.24 56.71 0.71
Bottoms Long -0.12 53.98 0.51
Tops Intermediate 0.12 66.57 0.91
Bottoms Intermediate 0.18 63.66 0.70
Tops Short 0.48 73.44 0.73
Bottoms Short 0 60.32 0.00
alerts
Intermediate Term Bullish Breakout