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 2.65 0.11
Bottoms Long 0 1.02 0.05
Tops Intermediate 0.24 11.42 0.44
Bottoms Intermediate 0.24 10.22 0.47
Tops Short 0.66 21.72 0.72
Bottoms Short 0.72 20.55 0.83
alerts
Short Term Bearish Breakout