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 0.18 21.26 0.78
Bottoms Long 0.18 19.19 0.87
Tops Intermediate 0 15.28 0.08
Bottoms Intermediate 0 15.01 0.06
Tops Short 0 15.23 0.02
Bottoms Short 0 14.96 0.12
alerts
Long Term Bearish Breakout