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 38.93 0.79
Bottoms Long -0.06 32.38 0.65
Tops Intermediate -0.18 33.30 0.85
Bottoms Intermediate -0.12 31.18 0.68
Tops Short 0 36.98 0.03
Bottoms Short 0 33.10 0.00
alerts
Intermediate Term Bullish Breakout