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 49.65 0.92
Bottoms Long -0.12 45.35 0.71
Tops Intermediate -0.06 50.67 0.30
Bottoms Intermediate 0 48.46 0.10
Tops Short 0.06 51.61 0.08
Bottoms Short 0.06 50.82 0.61
alerts
Long Term Bullish Breakout