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 2.56 0.06
Bottoms Long 0 1.66 0.04
Tops Intermediate 0.36 15.96 0.36
Bottoms Intermediate 0.24 10.61 0.23
Tops Short 1.5 42.09 0.78
Bottoms Short 1.5 40.83 0.80
alerts