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 1.78 0.26
Bottoms Long 0 1.69 0.31
Tops Intermediate 0.06 3.34 0.80
Bottoms Intermediate 0.06 2.85 0.77
Tops Short 0.06 3.73 0.61
Bottoms Short 0.12 3.50 0.89
alerts
Short Term Bearish Breakout