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 6.07 0.78
Bottoms Long 0 4.39 0.84
Tops Intermediate 0 5.40 0.32
Bottoms Intermediate 0 4.39 0.69
Tops Short -0.06 3.97 0.79
Bottoms Short -0.06 3.85 0.78
alerts