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 1.33 0.10
Bottoms Long 0 0.41 0.04
Tops Intermediate 0.12 6.13 0.43
Bottoms Intermediate 0.12 5.44 0.51
Tops Short 0.36 11.09 0.75
Bottoms Short 0.36 10.78 0.93
alerts
Short Term Bearish Breakout