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 -0.48 54.56 0.88
Bottoms Long -0.42 43.13 0.73
Tops Intermediate -0.42 54.66 0.63
Bottoms Intermediate 0.18 54.08 0.15
Tops Short 0.42 64.86 0.83
Bottoms Short 0.72 62.84 0.64
alerts
Long Term Bullish Breakout