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 1.23 0.10
Bottoms Long 0 0.00 0.01
Tops Intermediate 0.12 6.04 0.46
Bottoms Intermediate 0.12 6.12 0.62
Tops Short 0.24 10.49 0.65
Bottoms Short 0.3 10.34 0.84
alerts
Short Term Bearish Breakout