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 6.49 0.90
Bottoms Long -0.06 5.84 0.79
Tops Intermediate 0 8.29 0.05
Bottoms Intermediate 0 7.14 0.02
Tops Short 0.06 9.24 0.67
Bottoms Short 0.12 9.03 0.99
alerts
Long Term Bullish Breakout