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 -0.06 124.92 0.02
Bottoms Long -0.18 103.57 0.09
Tops Intermediate -1.38 79.59 0.91
Bottoms Intermediate -0.96 81.28 0.68
Tops Short -0.6 93.63 0.21
Bottoms Short 0.06 95.75 0.00
alerts
Intermediate Term Bullish Breakout