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 -0.06 77.97 0.43
Bottoms Long -0.12 66.62 0.64
Tops Intermediate -0.24 69.97 0.91
Bottoms Intermediate -0.24 63.61 0.67
Tops Short 0.12 77.97 0.19
Bottoms Short 0.3 76.13 0.37
alerts
Intermediate Term Bullish Breakout