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 31.56 0.05
Bottoms Long 0 25.82 0.34
Tops Intermediate -0.12 26.47 0.82
Bottoms Intermediate -0.06 25.40 0.41
Tops Short 0.12 30.62 0.28
Bottoms Short 0.18 30.49 0.49
alerts
Intermediate Term Bullish Breakout