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 18.28 0.76
Bottoms Long 0.18 17.29 0.81
Tops Intermediate -0.06 12.77 0.98
Bottoms Intermediate 0 12.95 0.59
Tops Short 0 13.08 0.74
Bottoms Short 0 13.09 0.57
alerts
Long Term Bearish Breakout