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 -0.24 48.03 0.92
Bottoms Long -0.24 38.80 0.44
Tops Intermediate -0.06 55.60 0.02
Bottoms Intermediate 0 53.10 0.00
Tops Short 0.12 57.54 0.28
Bottoms Short 0.3 56.17 0.84
alerts
Long Term Bullish Breakout