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 0.6 108.22 0.75
Bottoms Long 0.42 76.11 0.84
Tops Intermediate -0.18 84.59 0.04
Bottoms Intermediate 0.36 81.24 0.16
Tops Short -1.26 70.80 0.95
Bottoms Short -0.96 60.99 0.45
alerts
Long Term Bearish Breakout