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 -0.18 17.74 0.75
Bottoms Long -0.18 12.80 0.61
Tops Intermediate 0.06 24.90 0.42
Bottoms Intermediate 0.06 22.48 0.82
Tops Short 0 22.89 0.00
Bottoms Short 0 20.67 0.18
alerts