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 18.87 0.53
Bottoms Long -0.06 14.92 0.68
Tops Intermediate -0.24 15.20 0.98
Bottoms Intermediate -0.24 11.69 0.79
Tops Short -0.18 15.22 0.52
Bottoms Short 0.06 16.36 0.69
alerts
Intermediate Term Bullish Breakout