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 72.06 0.02
Bottoms Long 0.06 46.35 0.01
Tops Intermediate -0.78 39.16 0.77
Bottoms Intermediate -0.78 22.41 0.77
Tops Short -1.32 31.99 0.84
Bottoms Short -1.68 18.25 0.80
alerts