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 0.06 6.73 0.50
Bottoms Long 0 2.77 0.34
Tops Intermediate 0.18 12.24 0.80
Bottoms Intermediate 0.12 8.66 0.81
Tops Short 0.18 11.32 0.48
Bottoms Short 0.18 9.62 0.35
alerts
Intermediate Term Bearish Breakout