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 29.75 0.51
Bottoms Long -0.18 20.53 0.65
Tops Intermediate -0.36 20.04 0.80
Bottoms Intermediate -0.3 19.08 0.73
Tops Short -0.42 18.50 0.90
Bottoms Short -0.3 19.60 0.73
alerts
Short Term Bullish Breakout