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 1.97 0.05
Bottoms Long 0 0.00 0.00
Tops Intermediate 0.36 15.95 0.35
Bottoms Intermediate 0.18 8.76 0.22
Tops Short 1.5 40.59 0.79
Bottoms Short 1.5 38.01 0.85
alerts
Short Term Bearish Breakout