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 36.35 0.13
Bottoms Long 0 34.63 0.01
Tops Intermediate -0.12 34.26 0.84
Bottoms Intermediate 0 34.34 0.14
Tops Short 0 35.65 0.03
Bottoms Short 0 35.03 0.02
alerts
Intermediate Term Bullish Breakout