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 9.29 0.01
Bottoms Long -0.06 4.35 0.52
Tops Intermediate -0.24 2.47 0.63
Bottoms Intermediate -0.18 1.56 0.81
Tops Short -0.24 1.48 0.57
Bottoms Short -0.06 2.86 0.45
alerts