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 5.63 0.33
Bottoms Long 0.06 4.82 0.32
Tops Intermediate 0 10.19 0.20
Bottoms Intermediate 0.24 15.46 0.64
Tops Short 0 10.20 0.63
Bottoms Short 0 10.10 0.85
alerts