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 8.41 0.76
Bottoms Long 0.06 8.12 0.89
Tops Intermediate 0 8.09 0.39
Bottoms Intermediate 0 7.66 0.44
Tops Short 0 7.50 0.48
Bottoms Short 0 7.16 0.57
alerts
Long Term Bearish Breakout