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 0.24 18.79 0.20
Bottoms Long 0 0.00 0.04
Tops Intermediate 1.14 52.93 0.54
Bottoms Intermediate 0.36 15.78 0.17
Tops Short 3.18 93.10 0.80
Bottoms Short 3.24 91.06 0.83
alerts
Short Term Bearish Breakout