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 -0.36 127.40 0.54
Bottoms Long -0.54 102.01 0.86
Tops Intermediate -1.08 93.93 0.96
Bottoms Intermediate -0.72 96.60 0.79
Tops Short -0.3 114.36 0.32
Bottoms Short 0.12 113.16 0.02
alerts
Intermediate Term Bullish Breakout