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 9.78 0.82
Bottoms Long 0.06 10.15 0.68
Tops Intermediate 0 8.43 0.04
Bottoms Intermediate -0.12 1.93 0.58
Tops Short -0.12 5.34 0.48
Bottoms Short -0.18 3.03 0.65
alerts