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 9.78 0.76
Bottoms Long -0.06 6.67 0.83
Tops Intermediate -0.06 9.40 0.22
Bottoms Intermediate -0.12 4.84 0.96
Tops Short 0.06 9.68 0.07
Bottoms Short 0.12 9.41 0.85
alerts