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 0.44 0.63
Bottoms Long 0 0.36 0.87
Tops Intermediate 0 0.30 0.41
Bottoms Intermediate 0 0.23 0.20
Tops Short 0 0.25 0.10
Bottoms Short 0 0.23 0.03
alerts
Long Term Bearish Breakout