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 -0.24 350.08 0.20
Bottoms Long -1.14 260.71 0.76
Tops Intermediate -2.58 245.59 0.99
Bottoms Intermediate -1.74 252.84 0.73
Tops Short -0.96 286.70 0.44
Bottoms Short 0.36 289.25 0.05
alerts
Intermediate Term Bullish Breakout