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 -0.18 18.03 0.90
Bottoms Long -0.12 15.73 0.75
Tops Intermediate -0.06 20.69 0.43
Bottoms Intermediate -0.06 18.12 0.76
Tops Short 0 20.72 0.01
Bottoms Short 0 19.48 0.11
alerts
Long Term Bullish Breakout