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 0.31 0.30
Bottoms Long 0 0.10 0.14
Tops Intermediate 0 0.82 0.66
Bottoms Intermediate 0 0.65 0.84
Tops Short 0 0.53 0.00
Bottoms Short 0 0.49 0.04
alerts
Intermediate Term Bearish Breakout