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 32.15 0.68
Bottoms Long -0.06 28.28 0.50
Tops Intermediate -0.18 29.90 0.82
Bottoms Intermediate -0.12 25.95 0.57
Tops Short 0.12 36.16 0.69
Bottoms Short 0.3 36.91 0.98
alerts
Intermediate Term Bullish Breakout