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 0.06 15.91 1.00
Bottoms Long -0.06 -0.03 0.97
Tops Intermediate 0 4.34 0.00
Bottoms Intermediate 0 3.19 0.00
Tops Short 0.06 4.70 0.66
Bottoms Short 0.12 4.53 0.90
alerts
Short Term Bearish Breakout