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 1.88 0.12
Bottoms Long 0 1.27 0.50
Tops Intermediate 0 1.56 0.66
Bottoms Intermediate 0 1.65 0.37
Tops Short 0 2.13 0.23
Bottoms Short 0 2.03 0.49
alerts