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 0.18 14.02 0.42
Bottoms Long 0 1.18 0.05
Tops Intermediate 0.54 25.82 0.70
Bottoms Intermediate 0.3 14.63 0.40
Tops Short 0 20.11 0.00
Bottoms Short -0.06 18.32 0.28
alerts