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 -1.44 -13.19 0.75
Bottoms Long -0.96 -21.74 0.92
Tops Intermediate -1.14 -10.98 0.70
Bottoms Intermediate 0 6.44 0.91
Tops Short -0.24 5.34 0.12
Bottoms Short -0.12 3.68 0.40
alerts
Intermediate Term Bearish Breakout