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 -0.12 115.05 0.02
Bottoms Long -0.24 84.08 0.34
Tops Intermediate -1.32 62.93 0.92
Bottoms Intermediate -0.54 77.17 0.55
Tops Short 0.06 98.78 0.02
Bottoms Short 0.54 97.52 0.31
alerts
Intermediate Term Bullish Breakout