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 7.35 0.45
Bottoms Long -0.06 3.47 0.78
Tops Intermediate 0 7.13 0.07
Bottoms Intermediate -0.06 4.47 0.80
Tops Short 0.06 8.13 0.56
Bottoms Short 0.06 7.40 0.71
alerts