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 2.92 0.07
Bottoms Long 0 2.49 0.06
Tops Intermediate 0.54 24.57 0.55
Bottoms Intermediate 0.54 24.17 0.60
Tops Short 1.2 42.59 0.77
Bottoms Short 1.26 40.86 0.82
alerts
Short Term Bearish Breakout