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 2.40 0.02
Bottoms Long 0 2.00 0.02
Tops Intermediate 0.54 25.33 0.22
Bottoms Intermediate 0.42 20.59 0.22
Tops Short 2.7 89.31 0.63
Bottoms Short 3.66 105.09 0.89
alerts
Short Term Bearish Breakout