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 -0.12 185.39 0.05
Bottoms Long -0.3 141.07 0.79
Tops Intermediate -1.02 135.63 0.99
Bottoms Intermediate -0.18 150.13 0.06
Tops Short 0.12 161.07 0.02
Bottoms Short 1.02 166.52 0.97
alerts
Intermediate Term Bullish Breakout