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 12.86 0.85
Bottoms Long 0.06 9.03 0.56
Tops Intermediate 0 10.27 0.09
Bottoms Intermediate 0 7.66 0.01
Tops Short 0.06 10.76 0.58
Bottoms Short 0.06 9.35 0.19
alerts