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 16.81 0.79
Bottoms Long 0.18 16.79 0.83
Tops Intermediate 0 12.57 0.93
Bottoms Intermediate 0 11.99 0.01
Tops Short 0 12.57 0.92
Bottoms Short 0 12.51 0.53
alerts
Long Term Bearish Breakout