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 4.36 0.09
Bottoms Long 0 1.32 0.04
Tops Intermediate 0.42 19.32 0.42
Bottoms Intermediate 0.12 4.97 0.14
Tops Short 1.38 39.94 0.77
Bottoms Short 1.44 38.93 0.79
alerts