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 -0.24 60.00 0.65
Bottoms Long -0.3 48.58 0.69
Tops Intermediate -0.36 55.39 0.81
Bottoms Intermediate -0.3 51.29 0.52
Tops Short -0.3 55.50 0.25
Bottoms Short 0 55.69 0.00
alerts
Intermediate Term Bullish Breakout