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 -0.36 90.52 0.33
Bottoms Long -0.42 69.23 0.55
Tops Intermediate -0.9 65.57 0.92
Bottoms Intermediate -0.66 63.49 0.73
Tops Short -0.36 71.40 0.36
Bottoms Short 0.3 75.61 0.93
alerts
Intermediate Term Bullish Breakout