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 7.06 0.18
Bottoms Long 0 1.86 0.05
Tops Intermediate 0.66 33.85 0.68
Bottoms Intermediate 0.3 13.84 0.32
Tops Short 0.3 27.86 0.75
Bottoms Short 0.18 25.51 0.81
alerts