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 4.81 0.13
Bottoms Long 0 1.36 0.04
Tops Intermediate 0.6 31.91 0.74
Bottoms Intermediate 0.48 24.59 0.43
Tops Short 0.06 26.71 0.59
Bottoms Short 0.06 26.38 0.65
alerts