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 -0.24 80.14 0.51
Bottoms Long -0.48 44.91 0.90
Tops Intermediate -0.36 62.63 0.45
Bottoms Intermediate -0.12 54.29 0.04
Tops Short 0 64.18 0.00
Bottoms Short 0.42 62.93 0.23
alerts