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 3.47 0.06
Bottoms Long 0 1.31 0.02
Tops Intermediate 0.48 20.40 0.32
Bottoms Intermediate 0.12 5.16 0.08
Tops Short 2.28 59.74 0.83
Bottoms Short 2.1 53.85 0.73
alerts