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 17.39 0.43
Bottoms Long -0.06 13.25 0.73
Tops Intermediate -0.12 14.00 0.89
Bottoms Intermediate -0.06 13.65 0.27
Tops Short 0 15.80 0.00
Bottoms Short 0.12 15.89 0.80
alerts
Intermediate Term Bullish Breakout