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 -1.26 71.32 0.88
Bottoms Long -0.84 70.85 0.76
Tops Intermediate -0.9 85.81 0.74
Bottoms Intermediate -0.48 85.50 0.43
Tops Short 0 98.71 0.01
Bottoms Short 0.12 95.43 0.44
alerts
Long Term Bullish Breakout