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 -0.42 160.03 0.60
Bottoms Long -0.54 122.36 0.76
Tops Intermediate -0.84 135.15 0.96
Bottoms Intermediate 0.3 148.90 0.29
Tops Short 0.42 166.61 0.45
Bottoms Short 1.08 169.36 0.54
alerts
Intermediate Term Bullish Breakout