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 3.84 0.44
Bottoms Long -0.36 -4.90 0.81
Tops Intermediate -0.66 -11.29 0.78
Bottoms Intermediate -0.42 -5.64 0.79
Tops Short 0 1.02 0.42
Bottoms Short 0 0.68 0.90
alerts