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 2.00 0.12
Bottoms Long 0 2.05 0.89
Tops Intermediate 0 1.96 0.08
Bottoms Intermediate 0 1.81 0.02
Tops Short 0 1.79 0.62
Bottoms Short 0 1.67 0.62
alerts
Long Term Bearish Breakout