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 -0.24 47.15 0.75
Bottoms Long -0.24 35.70 0.71
Tops Intermediate -0.48 39.19 0.92
Bottoms Intermediate -0.36 36.70 0.55
Tops Short -0.12 45.11 0.07
Bottoms Short 0.12 43.13 0.05
alerts
Intermediate Term Bullish Breakout