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 -0.50 0.29
Bottoms Long 0 1.66 0.08
Tops Intermediate 0.12 6.27 0.71
Bottoms Intermediate 0.06 2.41 0.76
Tops Short 0.36 10.98 0.92
Bottoms Short 0.24 6.62 0.73
alerts