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 3.33 0.17
Bottoms Long 0 1.81 0.12
Tops Intermediate 0.42 22.04 0.90
Bottoms Intermediate 0.3 15.87 0.79
Tops Short 0.18 16.02 0.68
Bottoms Short 0.12 13.78 0.58
alerts