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 4.13 0.06
Bottoms Long 0 2.20 0.04
Tops Intermediate 0.3 13.85 0.18
Bottoms Intermediate 0.18 7.58 0.12
Tops Short 2.1 56.85 0.71
Bottoms Short 2.16 55.97 0.75
alerts