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 -0.42 6.76 0.73
Bottoms Long -0.12 12.84 0.76
Tops Intermediate -0.12 19.40 0.50
Bottoms Intermediate -0.06 13.64 0.41
Tops Short 0.24 24.18 0.42
Bottoms Short 0.06 18.43 0.08
alerts