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 24.66 0.58
Bottoms Long 0.06 15.86 0.53
Tops Intermediate -0.24 13.61 0.97
Bottoms Intermediate -0.12 12.60 0.61
Tops Short 0 16.53 0.03
Bottoms Short 0.12 16.30 0.86
alerts
Intermediate Term Bullish Breakout