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 24.92 0.85
Bottoms Long -0.06 23.07 0.74
Tops Intermediate -0.18 23.94 0.88
Bottoms Intermediate -0.12 23.60 0.55
Tops Short -0.12 24.32 0.45
Bottoms Short 0.12 25.63 0.91
alerts
Long Term Bullish Breakout
Intermediate Term Bullish Breakout