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 -0.12 11.79 0.62
Bottoms Long -0.06 6.63 0.71
Tops Intermediate -0.06 12.76 0.14
Bottoms Intermediate -0.18 2.54 0.99
Tops Short 0.18 15.43 0.73
Bottoms Short 0.24 14.61 0.84
alerts