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 27.91 0.83
Bottoms Long -0.06 25.28 0.53
Tops Intermediate 0 32.28 0.23
Bottoms Intermediate 0 27.81 0.39
Tops Short -0.06 29.29 0.45
Bottoms Short -0.12 28.15 0.33
alerts
Long Term Bullish Breakout