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 21.26 0.20
Bottoms Long 0 12.94 0.00
Tops Intermediate 0.06 19.16 0.03
Bottoms Intermediate 0 12.54 0.00
Tops Short -0.48 10.26 0.61
Bottoms Short -0.3 9.17 0.95
alerts