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 0.9 99.15 0.08
Bottoms Long 0.24 25.78 0.22
Tops Intermediate -2.52 -33.91 0.83
Bottoms Intermediate 0 14.78 0.00
Tops Short -0.36 15.87 0.53
Bottoms Short -0.24 12.63 0.40
alerts
Intermediate Term Bullish Breakout