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 2.69 0.08
Bottoms Long 0 0.00 0.01
Tops Intermediate 0.18 8.51 0.24
Bottoms Intermediate 0.12 5.89 0.18
Tops Short 1.08 24.92 0.73
Bottoms Short 0.96 22.59 0.71
alerts