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 -1.2 224.66 0.72
Bottoms Long -1.5 180.85 0.94
Tops Intermediate -1.44 206.97 0.88
Bottoms Intermediate -0.48 215.65 0.57
Tops Short -0.06 235.97 0.00
Bottoms Short 0.78 235.56 0.58
alerts
Intermediate Term Bullish Breakout