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 7.23 0.23
Bottoms Long 0 2.31 0.15
Tops Intermediate 0.42 16.64 0.42
Bottoms Intermediate 0.12 5.51 0.33
Tops Short 0.66 23.99 0.50
Bottoms Short 0.3 16.93 0.18
alerts