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 -0.42 88.94 0.85
Bottoms Long -0.18 91.72 0.45
Tops Intermediate 0.06 101.63 0.23
Bottoms Intermediate 0.12 99.24 0.82
Tops Short 0.18 103.03 0.66
Bottoms Short 0.18 101.27 0.88
alerts
Long Term Bullish Breakout