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 34.35 0.16
Bottoms Long 0 22.28 0.00
Tops Intermediate -0.24 21.33 0.46
Bottoms Intermediate -0.36 9.97 0.73
Tops Short -0.18 19.13 0.49
Bottoms Short -0.12 17.78 0.67
alerts