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 -0.24 106.52 0.81
Bottoms Long -0.36 81.35 0.73
Tops Intermediate -0.54 91.64 0.87
Bottoms Intermediate -0.36 87.95 0.35
Tops Short -0.18 99.61 0.09
Bottoms Short 0.42 100.34 0.20
alerts
Intermediate Term Bullish Breakout