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 16.24 0.33
Bottoms Long 0 12.53 0.18
Tops Intermediate -0.06 12.96 0.50
Bottoms Intermediate -0.06 11.07 0.33
Tops Short 0.06 14.00 0.93
Bottoms Short 0.06 13.32 0.56
alerts