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 -0.36 94.99 0.89
Bottoms Long -0.66 51.70 0.62
Tops Intermediate -0.96 55.97 0.97
Bottoms Intermediate -1.14 39.05 0.74
Tops Short -0.12 57.57 0.04
Bottoms Short 0.84 65.81 0.99
alerts
Short Term Bearish Breakout