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 0.12 13.97 0.33
Bottoms Long 0 0.19 0.24
Tops Intermediate 0.42 17.54 0.40
Bottoms Intermediate 0 0.13 0.84
Tops Short 0.36 8.37 0.10
Bottoms Short 0 0.17 0.40
alerts