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 4.45 0.63
Bottoms Long 0.06 4.02 0.91
Tops Intermediate 0 3.53 0.69
Bottoms Intermediate 0 3.25 0.13
Tops Short 0 3.46 0.17
Bottoms Short 0 3.42 0.08
alerts
Long Term Bearish Breakout