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 -0.18 33.81 0.87
Bottoms Long -0.12 30.19 0.67
Tops Intermediate 0.06 39.47 0.41
Bottoms Intermediate 0 34.21 0.10
Tops Short -0.12 35.30 0.43
Bottoms Short -0.12 34.02 0.26
alerts
Long Term Bullish Breakout