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 51.26 0.96
Bottoms Long -0.18 47.87 0.79
Tops Intermediate -0.3 49.10 0.87
Bottoms Intermediate -0.24 46.45 0.69
Tops Short -0.18 52.49 0.24
Bottoms Short 0 52.15 0.00
alerts
Long Term Bullish Breakout
Intermediate Term Bullish Breakout