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 -0.3 -8.86 0.65
Bottoms Long -0.06 -0.98 0.80
Tops Intermediate 0 0.18 0.64
Bottoms Intermediate 0 0.05 0.90
Tops Short 0 0.17 0.29
Bottoms Short 0 0.14 0.15
alerts