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 24.49 0.42
Bottoms Long -0.12 17.66 0.79
Tops Intermediate -0.24 18.08 0.87
Bottoms Intermediate -0.24 15.38 0.80
Tops Short -0.06 19.65 0.09
Bottoms Short 0 18.06 0.10
alerts
Intermediate Term Bullish Breakout