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 -0.36 236.36 0.33
Bottoms Long -0.36 207.50 0.88
Tops Intermediate -1.74 202.40 0.92
Bottoms Intermediate -1.62 185.02 0.74
Tops Short -0.42 221.89 0.82
Bottoms Short 0.3 217.88 0.40
alerts
Intermediate Term Bullish Breakout