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 29.13 0.80
Bottoms Long -0.06 25.73 0.65
Tops Intermediate -0.12 27.49 0.95
Bottoms Intermediate 0 27.85 0.09
Tops Short 0.06 31.40 0.43
Bottoms Short 0.24 31.83 0.97
alerts
Intermediate Term Bullish Breakout