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 -1.44 381.86 0.79
Bottoms Long -1.68 311.97 0.94
Tops Intermediate -2.16 341.67 0.93
Bottoms Intermediate -0.36 357.45 0.07
Tops Short 2.04 436.57 0.92
Bottoms Short 1.98 396.84 0.52
alerts
Intermediate Term Bullish Breakout