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 0.3 79.34 0.01
Bottoms Long 0 1.39 0.71
Tops Intermediate -4.14 -48.24 0.38
Bottoms Intermediate 0.06 3.11 0.55
Tops Short -0.12 2.77 0.06
Bottoms Short -0.18 1.23 0.11
alerts