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 16.25 0.89
Bottoms Long -0.12 20.97 0.27
Tops Intermediate -0.12 26.18 0.17
Bottoms Intermediate 0.18 27.17 0.80
Tops Short 0.3 31.98 0.91
Bottoms Short 0.3 28.97 0.75
alerts
Long Term Bullish Breakout