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 49.51 0.89
Bottoms Long -0.36 40.06 0.57
Tops Intermediate 0.18 61.71 0.37
Bottoms Intermediate 0.36 58.16 0.84
Tops Short 0.24 60.60 0.41
Bottoms Short 0.48 59.92 0.89
alerts
Long Term Bullish Breakout