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 43.69 0.27
Bottoms Long -0.06 26.07 0.86
Tops Intermediate 0.42 48.54 0.72
Bottoms Intermediate 0.24 39.25 0.67
Tops Short 0.9 51.03 0.73
Bottoms Short 0.96 49.84 0.84
alerts
Short Term Bearish Breakout