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 15.94 0.51
Bottoms Long 0 10.73 0.95
Tops Intermediate 0.18 19.02 0.91
Bottoms Intermediate 0.06 12.21 0.66
Tops Short 0.12 15.34 0.21
Bottoms Short 0.12 13.51 0.53
alerts