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 16.84 0.84
Bottoms Long 0 16.25 0.12
Tops Intermediate 0 19.99 0.16
Bottoms Intermediate 0 17.27 0.14
Tops Short 0.12 20.60 0.39
Bottoms Short 0.18 20.00 0.72
alerts
Long Term Bullish Breakout