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 3.28 0.18
Bottoms Long 0 1.17 0.22
Tops Intermediate 0.06 8.26 0.04
Bottoms Intermediate 0.06 5.19 0.78
Tops Short 0.24 9.28 0.33
Bottoms Short 0.24 7.77 0.52
alerts