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 95.31 0.13
Bottoms Long -0.18 76.69 0.71
Tops Intermediate -0.42 81.29 0.87
Bottoms Intermediate -0.48 71.15 0.72
Tops Short -0.18 87.10 0.10
Bottoms Short 0.24 89.00 0.07
alerts
Intermediate Term Bullish Breakout