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 21.23 0.14
Bottoms Long 0 12.95 0.00
Tops Intermediate 0.24 26.76 0.80
Bottoms Intermediate 0.06 15.21 0.72
Tops Short 0.06 20.10 0.04
Bottoms Short -0.06 13.86 0.31
alerts