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 19.54 0.70
Bottoms Long 0.18 20.21 0.81
Tops Intermediate 0 12.86 0.54
Bottoms Intermediate 0 12.71 0.59
Tops Short 0 12.48 0.25
Bottoms Short 0 12.20 0.58
alerts
Long Term Bearish Breakout