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 19.64 0.93
Bottoms Long -0.06 18.26 0.78
Tops Intermediate 0 22.20 0.19
Bottoms Intermediate -0.12 16.16 0.99
Tops Short 0.12 23.84 0.54
Bottoms Short 0.18 24.37 0.97
alerts
Long Term Bullish Breakout