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 -0.12 99.08 0.97
Bottoms Long -0.3 64.21 0.77
Tops Intermediate -0.66 70.23 0.85
Bottoms Intermediate -0.42 62.88 0.46
Tops Short -0.48 72.00 0.31
Bottoms Short 0 72.05 0.00
alerts
Intermediate Term Bullish Breakout