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 5.29 0.75
Bottoms Long 0.06 3.85 0.73
Tops Intermediate 0 3.48 0.26
Bottoms Intermediate 0 3.40 0.44
Tops Short 0 3.16 0.75
Bottoms Short 0 3.18 0.22
alerts