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 12.89 0.77
Bottoms Long 0 9.56 0.23
Tops Intermediate 0.12 13.84 0.94
Bottoms Intermediate 0.06 10.98 0.77
Tops Short 0.06 13.25 0.19
Bottoms Short 0 11.21 0.01
alerts