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 43.27 0.63
Bottoms Long -0.12 32.99 0.72
Tops Intermediate -0.24 33.68 0.89
Bottoms Intermediate -0.12 34.96 0.56
Tops Short -0.06 39.37 0.04
Bottoms Short 0.12 39.75 0.19
alerts
Intermediate Term Bullish Breakout