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 6.31 0.80
Bottoms Long 0 0.26 0.18
Tops Intermediate 0.12 5.69 0.56
Bottoms Intermediate 0 0.23 0.57
Tops Short 0.18 5.03 0.47
Bottoms Short 0.12 3.27 0.51
alerts