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 1.52 0.28
Bottoms Long 0 1.30 0.37
Tops Intermediate 0.06 2.58 0.46
Bottoms Intermediate 0.06 2.29 0.71
Tops Short 0.12 3.72 0.71
Bottoms Short 0.12 3.42 0.82
alerts
Short Term Bearish Breakout