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 -0.42 168.66 0.73
Bottoms Long -0.48 143.58 0.80
Tops Intermediate -0.96 151.89 0.99
Bottoms Intermediate -1.02 136.50 0.78
Tops Short -0.6 154.11 0.18
Bottoms Short -0.12 152.60 0.01
alerts
Intermediate Term Bullish Breakout