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 3.35 0.74
Bottoms Long 0 2.83 0.70
Tops Intermediate 0 3.17 0.12
Bottoms Intermediate 0 2.91 0.25
Tops Short 0.06 3.71 0.76
Bottoms Short 0.06 3.62 0.67
alerts