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 10.22 0.92
Bottoms Long -0.06 10.05 0.39
Tops Intermediate 0 14.00 0.61
Bottoms Intermediate 0.06 12.73 0.86
Tops Short 0.06 13.63 0.30
Bottoms Short 0.06 12.66 0.61
alerts
Long Term Bullish Breakout