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 0.96 0.05
Bottoms Long 0 2.33 0.36
Tops Intermediate 0.18 9.83 0.30
Bottoms Intermediate 0.12 5.65 0.87
Tops Short -0.12 4.43 0.85
Bottoms Short -0.12 4.74 0.77
alerts
Short Term Bullish Breakout