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 37.65 0.26
Bottoms Long -0.06 31.47 0.52
Tops Intermediate -0.36 28.28 0.85
Bottoms Intermediate -0.12 30.26 0.43
Tops Short -0.06 33.52 0.46
Bottoms Short 0.06 33.30 0.05
alerts
Intermediate Term Bullish Breakout