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 0.12 11.01 0.79
Bottoms Long 0.06 8.40 0.87
Tops Intermediate 0 6.65 0.17
Bottoms Intermediate 0 6.36 0.02
Tops Short 0.06 7.73 0.54
Bottoms Short 0.06 7.17 0.87
alerts
Long Term Bearish Breakout