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 7.44 0.88
Bottoms Long -0.06 6.05 0.80
Tops Intermediate -0.06 6.89 0.72
Bottoms Intermediate 0 6.60 0.16
Tops Short 0 8.14 0.21
Bottoms Short 0 7.16 0.11
alerts
Long Term Bullish Breakout