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 7.24 0.30
Bottoms Long 0.06 7.81 0.82
Tops Intermediate 0 6.02 0.18
Bottoms Intermediate 0 5.68 0.71
Tops Short 0 6.18 0.48
Bottoms Short 0 5.65 0.00
alerts
Long Term Bearish Breakout