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 2.28 0.68
Bottoms Long 0 1.88 0.87
Tops Intermediate 0 1.98 0.00
Bottoms Intermediate 0 1.83 0.28
Tops Short 0 1.83 0.14
Bottoms Short 0 1.67 0.34
alerts
Long Term Bearish Breakout