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 -0.54 653.90 0.60
Bottoms Long -1.5 521.60 0.70
Tops Intermediate -2.64 555.37 0.94
Bottoms Intermediate -1.26 539.32 0.22
Tops Short -1.08 584.03 0.11
Bottoms Short 2.46 599.68 0.32
alerts
Intermediate Term Bullish Breakout