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 0.06 5.10 0.56
Bottoms Long 0.06 4.36 0.82
Tops Intermediate 0 3.34 0.02
Bottoms Intermediate 0 3.18 0.09
Tops Short 0 3.74 0.48
Bottoms Short 0 3.73 0.59
alerts
Long Term Bearish Breakout