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 -0.48 319.95 0.13
Bottoms Long -1.08 248.34 0.59
Tops Intermediate -2.94 230.50 0.94
Bottoms Intermediate -2.4 221.65 0.80
Tops Short -0.72 265.29 0.33
Bottoms Short 1.32 274.60 0.85
alerts
Intermediate Term Bullish Breakout