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 -0.18 45.39 0.58
Bottoms Long -0.18 38.03 0.27
Tops Intermediate -0.24 45.88 0.84
Bottoms Intermediate -0.6 29.20 0.71
Tops Short -0.66 37.06 0.81
Bottoms Short -0.66 33.19 0.71
alerts
Short Term Bullish Breakout