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 -0.54 82.41 0.63
Bottoms Long -0.6 55.92 0.93
Tops Intermediate -0.36 78.53 0.85
Bottoms Intermediate -0.24 64.38 0.66
Tops Short -0.48 75.09 0.56
Bottoms Short 0.54 83.66 0.43
alerts
Intermediate Term Bullish Breakout