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 18.28 0.69
Bottoms Long 0.12 13.82 0.81
Tops Intermediate 0 10.28 0.49
Bottoms Intermediate 0 10.26 0.99
Tops Short 0 10.32 0.40
Bottoms Short 0 10.27 0.84
alerts
Long Term Bearish Breakout