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 -2.30 0.31
Bottoms Long 0 0.12 0.68
Tops Intermediate 0 0.19 0.43
Bottoms Intermediate 0 0.20 0.16
Tops Short 0 0.24 0.06
Bottoms Short 0 0.18 0.40
alerts