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 64.92 0.46
Bottoms Long -0.18 52.69 0.89
Tops Intermediate -0.54 51.51 0.88
Bottoms Intermediate -0.54 47.33 0.62
Tops Short -0.18 57.24 0.21
Bottoms Short -0.06 54.74 0.02
alerts
Intermediate Term Bullish Breakout