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 0.63 0.04
Bottoms Long 0 0.48 0.04
Tops Intermediate 0.12 4.43 0.28
Bottoms Intermediate 0.06 1.77 0.12
Tops Short 0.48 13.32 0.77
Bottoms Short 0.48 12.43 0.81
alerts
Short Term Bearish Breakout