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 0.06 109.51 0.07
Bottoms Long -0.06 88.52 0.05
Tops Intermediate -0.42 93.19 0.81
Bottoms Intermediate -0.3 82.01 0.39
Tops Short -0.3 94.64 0.64
Bottoms Short 0.84 104.48 0.55
alerts
Intermediate Term Bullish Breakout