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 4.48 0.69
Bottoms Long 0 3.18 0.83
Tops Intermediate 0 3.07 0.26
Bottoms Intermediate 0 2.56 0.01
Tops Short 0 2.76 0.16
Bottoms Short 0 2.88 0.11
alerts