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 3.93 0.52
Bottoms Long 0 2.40 0.45
Tops Intermediate 0 4.48 0.22
Bottoms Intermediate 0 3.72 0.01
Tops Short 0 4.43 0.36
Bottoms Short 0 3.96 0.02
alerts