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 14.61 0.95
Bottoms Long -0.12 15.19 0.78
Tops Intermediate -0.12 17.92 0.62
Bottoms Intermediate 0 18.30 0.01
Tops Short 0.12 21.24 0.69
Bottoms Short 0.18 20.40 0.81
alerts
Long Term Bullish Breakout