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 6.56 0.38
Bottoms Long 0 3.57 0.51
Tops Intermediate 0.12 8.09 0.45
Bottoms Intermediate 0.06 4.91 0.95
Tops Short 0.06 7.10 0.52
Bottoms Short 0.12 6.94 0.86
alerts