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 0.00 0.00
Bottoms Long 0 0.18 0.07
Tops Intermediate 0 1.13 0.20
Bottoms Intermediate 0 0.65 0.24
Tops Short 0.18 4.35 0.82
Bottoms Short 0.12 3.50 0.76
alerts
Short Term Bullish Breakout