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 12.53 0.72
Bottoms Long -0.06 8.50 0.70
Tops Intermediate -0.06 11.69 0.37
Bottoms Intermediate -0.18 4.58 1.00
Tops Short 0.12 13.74 0.34
Bottoms Short 0 9.22 0.00
alerts