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 -0.42 80.54 0.74
Bottoms Long -0.54 53.17 0.86
Tops Intermediate -0.72 66.83 0.92
Bottoms Intermediate -0.36 59.25 0.29
Tops Short -0.42 69.30 0.35
Bottoms Short 0.72 73.89 0.85
alerts
Intermediate Term Bullish Breakout