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 20.96 0.95
Bottoms Long -0.06 19.91 0.57
Tops Intermediate 0 25.94 0.06
Bottoms Intermediate 0.06 23.64 0.42
Tops Short 0.12 28.00 0.76
Bottoms Short 0.12 26.17 0.53
alerts
Long Term Bullish Breakout