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 18.00 0.77
Bottoms Long -0.12 13.97 0.95
Tops Intermediate -0.12 17.12 0.85
Bottoms Intermediate -0.06 16.67 0.15
Tops Short 0 18.79 0.00
Bottoms Short 0.06 18.11 0.16
alerts
Intermediate Term Bullish Breakout