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 13.77 0.63
Bottoms Long -0.24 6.60 0.87
Tops Intermediate -0.42 6.63 0.75
Bottoms Intermediate -0.06 10.96 0.38
Tops Short 0 13.39 0.03
Bottoms Short 0.12 13.44 0.79
alerts