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 5.15 0.73
Bottoms Long -0.12 6.35 0.97
Tops Intermediate -0.06 9.78 0.66
Bottoms Intermediate 0 9.55 0.05
Tops Short 0 10.56 0.04
Bottoms Short 0.06 10.59 0.37
alerts