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 6.42 0.55
Bottoms Long 0 1.73 0.21
Tops Intermediate 0.18 11.49 0.65
Bottoms Intermediate -0.06 2.41 0.65
Tops Short 0.42 14.22 0.82
Bottoms Short 0.24 8.95 0.80
alerts