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 12.60 0.23
Bottoms Long 0 7.35 0.00
Tops Intermediate -0.12 6.43 0.51
Bottoms Intermediate -0.06 5.91 0.55
Tops Short 0.06 9.07 0.68
Bottoms Short 0.06 8.44 0.49
alerts