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 22.48 0.66
Bottoms Long 0.18 17.93 0.82
Tops Intermediate 0 13.06 0.71
Bottoms Intermediate 0 12.71 0.89
Tops Short 0 12.97 0.29
Bottoms Short 0 12.66 0.23
alerts
Long Term Bearish Breakout