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 10.02 0.66
Bottoms Long 0 8.73 0.64
Tops Intermediate 0.06 11.86 0.94
Bottoms Intermediate 0.06 9.29 0.66
Tops Short -0.06 9.47 0.31
Bottoms Short 0 9.01 0.03
alerts