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 5.09 0.68
Bottoms Long 0 2.95 0.65
Tops Intermediate 0.18 10.56 0.78
Bottoms Intermediate 0.06 4.17 0.82
Tops Short 0.36 10.82 0.81
Bottoms Short 0.24 7.92 0.54
alerts