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 75.32 0.92
Bottoms Long -0.06 59.88 0.05
Tops Intermediate -0.12 63.71 0.24
Bottoms Intermediate -0.84 37.14 1.00
Tops Short -0.24 60.89 0.21
Bottoms Short 0.66 67.62 1.00
alerts
Short Term Bearish Breakout