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 -0.06 3.38 0.71
Bottoms Long -0.06 1.74 0.48
Tops Intermediate 0 6.12 0.07
Bottoms Intermediate 0.06 7.82 0.89
Tops Short -0.06 5.24 0.68
Bottoms Short 0 5.01 0.71
alerts
Intermediate Term Bearish Breakout