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 -0.36 72.00 0.88
Bottoms Long -0.42 51.65 0.58
Tops Intermediate -0.18 80.42 0.14
Bottoms Intermediate 0.06 75.65 0.01
Tops Short 1.14 103.22 0.83
Bottoms Short 0.96 90.54 0.47
alerts
Long Term Bullish Breakout