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 1.02 0.11
Bottoms Long 0 0.58 0.08
Tops Intermediate 0.06 4.13 0.40
Bottoms Intermediate 0.06 3.36 0.42
Tops Short 0.24 8.70 0.67
Bottoms Short 0.24 7.24 0.82
alerts
Short Term Bearish Breakout