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 15.21 0.77
Bottoms Long -0.06 11.62 0.77
Tops Intermediate -0.18 10.10 1.00
Bottoms Intermediate 0 13.59 0.11
Tops Short 0 14.82 0.04
Bottoms Short 0.06 15.29 0.61
alerts
Intermediate Term Bullish Breakout