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 49.31 0.83
Bottoms Long -0.18 39.95 0.79
Tops Intermediate -0.24 43.86 0.88
Bottoms Intermediate -0.18 40.77 0.45
Tops Short -0.18 43.00 0.40
Bottoms Short 0.24 45.93 0.78
alerts
Intermediate Term Bullish Breakout