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 0.18 14.50 0.10
Bottoms Long 0 2.37 0.04
Tops Intermediate 1.74 82.00 0.60
Bottoms Intermediate 0.24 10.74 0.16
Tops Short 3.6 116.98 0.76
Bottoms Short 3.72 108.34 0.93
alerts
Short Term Bearish Breakout