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 30.65 0.03
Bottoms Long 0 24.01 0.23
Tops Intermediate 0.06 31.69 0.80
Bottoms Intermediate 0.12 29.28 0.81
Tops Short 0.06 31.46 0.33
Bottoms Short 0.12 29.95 0.28
alerts
Intermediate Term Bearish Breakout