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 7.75 0.81
Bottoms Long -0.06 6.73 0.64
Tops Intermediate 0 9.74 0.41
Bottoms Intermediate -0.06 7.50 0.93
Tops Short 0 9.26 0.21
Bottoms Short 0 8.72 0.17
alerts
Long Term Bullish Breakout