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 2.96 0.27
Bottoms Long 0 1.83 0.31
Tops Intermediate 0.06 4.26 0.17
Bottoms Intermediate 0.06 4.89 0.50
Tops Short -0.06 2.82 0.73
Bottoms Short -0.06 2.78 0.51
alerts