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 -0.30 0.66
Bottoms Long -0.06 -0.86 0.61
Tops Intermediate 0 0.98 0.07
Bottoms Intermediate 0 0.65 0.75
Tops Short 0 0.87 0.35
Bottoms Short 0 0.81 0.07
alerts