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 50.38 0.79
Bottoms Long 0.12 46.50 0.87
Tops Intermediate -0.12 40.90 0.39
Bottoms Intermediate -0.12 37.99 0.71
Tops Short -0.3 37.77 0.86
Bottoms Short -0.24 37.01 0.75
alerts
Long Term Bearish Breakout