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 73.27 0.44
Bottoms Long -0.12 63.62 0.60
Tops Intermediate -0.3 64.42 0.84
Bottoms Intermediate -0.3 59.88 0.56
Tops Short 0 70.10 0.00
Bottoms Short 0.3 69.36 0.59
alerts
Intermediate Term Bullish Breakout