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 11.63 0.07
Bottoms Long 0 3.23 0.06
Tops Intermediate -0.06 2.71 0.32
Bottoms Intermediate -0.06 2.10 0.37
Tops Short -0.12 2.53 0.57
Bottoms Short -0.06 2.41 0.21
alerts