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 56.72 0.85
Bottoms Long -0.06 63.18 0.18
Tops Intermediate 0.06 67.61 0.05
Bottoms Intermediate 0 65.33 0.00
Tops Short -0.06 68.29 0.17
Bottoms Short -0.12 65.51 0.65
alerts
Long Term Bullish Breakout