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 3.60 0.02
Bottoms Long 0 2.12 0.19
Tops Intermediate 0 2.44 0.27
Bottoms Intermediate 0 1.39 0.84
Tops Short 0 2.57 0.00
Bottoms Short 0.06 3.04 0.99
alerts
Short Term Bearish Breakout