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 -0.18 3.37 0.79
Bottoms Long -0.12 2.86 0.54
Tops Intermediate -0.3 1.24 0.80
Bottoms Intermediate -0.24 -1.06 0.88
Tops Short -0.48 -1.75 0.67
Bottoms Short -0.3 -1.18 0.47
alerts