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 -0.06 3.30 0.87
Bottoms Long -0.06 2.13 0.78
Tops Intermediate 0 4.29 0.51
Bottoms Intermediate 0 3.55 0.60
Tops Short 0 4.60 0.42
Bottoms Short 0 4.25 0.68
alerts
Long Term Bullish Breakout