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 -0.24 18.30 0.47
Bottoms Long -0.36 1.70 0.77
Tops Intermediate -0.54 7.15 0.39
Bottoms Intermediate -0.78 -11.59 0.89
Tops Short -1.2 -10.57 0.41
Bottoms Short 0.06 4.21 0.68
alerts