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 -0.18 64.01 0.87
Bottoms Long -0.06 62.93 0.09
Tops Intermediate -0.06 66.41 0.14
Bottoms Intermediate 0.18 70.45 0.96
Tops Short -0.24 62.62 0.44
Bottoms Short -0.24 60.30 0.74
alerts
Intermediate Term Bearish Breakout