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 18.56 0.77
Bottoms Long -0.12 14.34 0.91
Tops Intermediate -0.18 15.14 0.97
Bottoms Intermediate -0.18 13.12 0.79
Tops Short -0.12 16.55 0.52
Bottoms Short 0 16.03 0.04
alerts
Intermediate Term Bullish Breakout