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 4.60 0.50
Bottoms Long 0 2.78 0.38
Tops Intermediate 0.12 6.90 0.79
Bottoms Intermediate 0.12 4.91 0.65
Tops Short 0.42 10.72 0.78
Bottoms Short 0.3 8.42 0.75
alerts