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 2.15 0.09
Bottoms Long 0 0.78 0.04
Tops Intermediate 0.18 6.80 0.27
Bottoms Intermediate 0.06 2.62 0.11
Tops Short 0.78 19.94 0.79
Bottoms Short 0.72 18.63 0.85
alerts
Short Term Bearish Breakout