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 -0.6 103.48 0.58
Bottoms Long -0.84 74.15 0.94
Tops Intermediate -0.84 87.79 0.94
Bottoms Intermediate -0.12 92.91 0.04
Tops Short -0.06 103.78 0.01
Bottoms Short 0.42 102.74 0.22
alerts
Intermediate Term Bullish Breakout