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 5.75 0.53
Bottoms Long 0.06 5.91 0.90
Tops Intermediate 0 5.38 0.75
Bottoms Intermediate 0.06 5.58 0.71
Tops Short 0 5.20 0.02
Bottoms Short 0 5.04 0.30
alerts
Long Term Bearish Breakout