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 4.69 0.13
Bottoms Long 0 2.07 0.06
Tops Intermediate 0.48 23.62 0.53
Bottoms Intermediate 0.24 10.28 0.26
Tops Short 0.06 23.70 0.30
Bottoms Short 0 19.48 0.03
alerts