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 6.21 0.11
Bottoms Long 0 1.19 0.02
Tops Intermediate 0.6 27.21 0.40
Bottoms Intermediate 0.12 5.27 0.10
Tops Short 1.86 57.40 0.65
Bottoms Short 1.74 51.32 0.66
alerts