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 27.88 0.86
Bottoms Long -0.06 24.42 0.71
Tops Intermediate -0.06 28.31 0.39
Bottoms Intermediate 0 26.73 0.01
Tops Short 0.06 29.27 0.53
Bottoms Short 0.12 29.06 0.81
alerts
Long Term Bullish Breakout