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 12.48 0.24
Bottoms Long -0.06 7.68 0.33
Tops Intermediate 0 12.36 0.01
Bottoms Intermediate 0.18 17.41 0.88
Tops Short -0.12 9.99 0.31
Bottoms Short -0.18 7.89 0.87
alerts
Intermediate Term Bearish Breakout