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 -0.42 287.64 0.43
Bottoms Long -1.02 215.13 0.80
Tops Intermediate -1.68 224.43 0.88
Bottoms Intermediate -1.74 202.81 0.79
Tops Short -0.48 242.37 0.17
Bottoms Short 1.38 253.20 0.82
alerts
Intermediate Term Bullish Breakout