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 -0.06 26.06 0.67
Bottoms Long -0.06 23.78 0.34
Tops Intermediate -0.12 23.08 0.90
Bottoms Intermediate -0.12 21.95 0.43
Tops Short 0.06 27.46 0.77
Bottoms Short 0.18 27.69 0.96
alerts
Intermediate Term Bullish Breakout