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 43.14 0.14
Bottoms Long -0.12 34.76 0.63
Tops Intermediate -0.3 34.14 0.94
Bottoms Intermediate -0.18 34.10 0.41
Tops Short 0 41.99 0.09
Bottoms Short 0.18 40.90 0.30
alerts
Intermediate Term Bullish Breakout