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 0.24 29.94 0.74
Bottoms Long 0.18 21.63 0.74
Tops Intermediate -0.18 14.81 0.84
Bottoms Intermediate -0.12 15.54 0.55
Tops Short 0.06 19.18 0.15
Bottoms Short 0.06 17.88 0.13
alerts
Intermediate Term Bullish Breakout