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 53.82 0.83
Bottoms Long -0.12 49.15 0.63
Tops Intermediate 0.06 59.65 0.31
Bottoms Intermediate 0 53.17 0.04
Tops Short 0.24 62.30 0.68
Bottoms Short 0.36 61.07 0.95
alerts
Long Term Bullish Breakout