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 4.32 0.37
Bottoms Long 0 1.49 0.16
Tops Intermediate 0.12 6.57 0.63
Bottoms Intermediate 0.06 2.71 0.40
Tops Short 0.24 7.83 0.49
Bottoms Short 0.24 5.65 0.79
alerts