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 0.48 94.30 0.44
Bottoms Long 0.9 106.01 0.89
Tops Intermediate 0 77.03 0.00
Bottoms Intermediate 0.18 77.32 0.46
Tops Short -0.24 73.48 0.80
Bottoms Short -0.24 72.18 0.91
alerts
Long Term Bearish Breakout