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 8.94 0.76
Bottoms Long 0.06 9.30 0.84
Tops Intermediate 0 6.81 0.31
Bottoms Intermediate 0 6.33 0.35
Tops Short 0 6.52 0.02
Bottoms Short 0 6.23 0.10
alerts
Long Term Bearish Breakout