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 -0.12 13.85 0.82
Bottoms Long -0.06 14.56 0.30
Tops Intermediate 0 17.10 0.60
Bottoms Intermediate 0 16.25 0.53
Tops Short 0 17.59 0.74
Bottoms Short 0 17.16 0.54
alerts
Long Term Bullish Breakout