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 2.92 0.06
Bottoms Long 0 1.09 0.03
Tops Intermediate 0.48 24.04 0.45
Bottoms Intermediate 0.12 5.55 0.12
Tops Short 0.12 34.85 0.67
Bottoms Short -0.12 25.90 0.01
alerts