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 25.38 0.94
Bottoms Long -0.06 22.19 0.62
Tops Intermediate -0.12 23.46 0.86
Bottoms Intermediate -0.06 22.49 0.55
Tops Short 0.12 29.10 0.39
Bottoms Short 0 24.03 0.01
alerts
Intermediate Term Bullish Breakout