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 1.14 0.72
Bottoms Long 0 1.19 0.86
Tops Intermediate 0 0.74 0.10
Bottoms Intermediate 0 0.66 0.27
Tops Short 0 0.69 0.35
Bottoms Short 0 0.64 0.50
alerts
Long Term Bearish Breakout