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 -0.06 43.87 0.20
Bottoms Long -0.06 38.47 0.36
Tops Intermediate -0.18 39.06 0.84
Bottoms Intermediate -0.12 35.20 0.79
Tops Short 0.06 43.28 0.52
Bottoms Short 0.18 42.72 0.61
alerts
Intermediate Term Bullish Breakout