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 5.13 0.15
Bottoms Long 0 3.73 0.48
Tops Intermediate 0 5.44 0.07
Bottoms Intermediate 0 4.21 0.00
Tops Short 0.06 5.32 0.66
Bottoms Short 0.06 5.36 0.98
alerts
Short Term Bearish Breakout