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 -0.12 425.72 0.03
Bottoms Long -0.36 389.22 0.12
Tops Intermediate -1.86 374.21 0.83
Bottoms Intermediate -1.86 332.58 0.60
Tops Short 0.3 413.51 0.22
Bottoms Short 1.86 412.37 0.89
alerts
Intermediate Term Bullish Breakout