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 -0.18 76.31 0.29
Bottoms Long -0.42 42.16 0.90
Tops Intermediate -0.48 53.24 0.85
Bottoms Intermediate 0.06 56.06 0.04
Tops Short 0.06 62.03 0.01
Bottoms Short 0.24 57.12 0.11
alerts
Intermediate Term Bullish Breakout