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 1.31 0.47
Bottoms Long 0 0.58 0.26
Tops Intermediate 0.06 2.59 0.68
Bottoms Intermediate 0.06 2.21 0.88
Tops Short 0 2.01 0.62
Bottoms Short 0 1.90 0.79
alerts
Intermediate Term Bearish Breakout