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 -0.24 63.76 0.42
Bottoms Long -0.24 56.11 0.44
Tops Intermediate -0.48 55.62 0.83
Bottoms Intermediate -0.3 53.16 0.35
Tops Short 0.36 69.77 0.71
Bottoms Short 0.48 66.45 0.72
alerts
Intermediate Term Bullish Breakout