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 0.3 41.24 0.80
Bottoms Long 0.36 41.74 0.84
Tops Intermediate 0 35.15 0.28
Bottoms Intermediate -0.12 31.63 0.04
Tops Short -0.78 18.26 0.36
Bottoms Short -1.02 13.89 0.43
alerts
Long Term Bearish Breakout