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 17.87 0.75
Bottoms Long -0.12 12.47 0.84
Tops Intermediate -0.24 16.92 0.72
Bottoms Intermediate 0.06 18.98 0.20
Tops Short 0.12 21.28 0.66
Bottoms Short 0.3 21.78 0.94
alerts