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 -0.12 13.22 0.44
Bottoms Long 0.06 15.35 0.24
Tops Intermediate 0.12 20.35 0.19
Bottoms Intermediate -0.06 11.80 0.10
Tops Short -0.36 9.68 0.79
Bottoms Short -0.24 8.66 0.93
alerts