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 3.33 0.37
Bottoms Long 0.06 2.94 0.56
Tops Intermediate 0 4.72 0.13
Bottoms Intermediate 0.06 4.83 0.71
Tops Short -0.06 3.87 0.42
Bottoms Short 0 3.74 0.31
alerts