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 -0.18 45.63 0.74
Bottoms Long -0.24 33.34 0.71
Tops Intermediate -0.36 36.25 0.83
Bottoms Intermediate -0.36 31.35 0.78
Tops Short -0.24 37.29 0.36
Bottoms Short 0 36.19 0.01
alerts
Intermediate Term Bullish Breakout