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 0.59 0.10
Bottoms Long 0 0.18 0.04
Tops Intermediate 0.06 2.97 0.47
Bottoms Intermediate 0 1.11 0.20
Tops Short 0.18 5.58 0.77
Bottoms Short 0.18 5.48 0.90
alerts
Short Term Bearish Breakout