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 0.18 12.67 0.19
Bottoms Long 0 0.00 0.04
Tops Intermediate 0.84 38.38 0.53
Bottoms Intermediate 0.12 4.92 0.08
Tops Short 2.58 66.73 0.82
Bottoms Short 2.52 63.66 0.79
alerts